Transportation Sector Analysis & Trade Ideas (video)

This video provides the near-term & longer-term outlook for the transportation sector including shipping & trucking as well as the outlook for FDX & UPS, both of which are components of IYT  (transportation sector ETF). The video starts with an overview IYT, UPS, FDX, the railroad sector & concludes with an overview of the trucking [...]

Stock Market & Transportation Sector Analysis (video)

This video highlights some significant developments & divergence between the US stock market & the transportation sector. Both the near-term & intermediate-term outlook for the stock market & the transportation sector are covered in this video. The total run time for the video is 22 minutes however, you have the option to increase the playback [...]

Jul 27, 2017 2:04pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , |Comments Off on Stock Market & Transportation Sector Analysis (video)

Shorting FDX

With FDX (Fedex Corp) trading down nearly 3% today, I'm guessing the initial results from Cyber Monday are less than expected. FDX will be added as an Active Short Trade here with the first & final target of T1 at 145.27. Additional targets (T2 & T3) may be extended to this trade should the broad [...]

Nov 30, 2015 3:43pm|Categories: Completed Trades - Short|Tags: |1 Comment

FDX & IYT updates

FDX has moved below the previously highlighted support level which has drawn prices on IYT below the symmetrical triangle/horizontal wedge-type pattern.  as today is OpEx, i'm not reading too much into these breakdowns yet although i do believe that they warrant monitoring next week.  keep in mind that although i do expect both FDX & [...]

Sep 21, 2012 1:50pm|Categories: Equity Market Analysis|Tags: , |Comments Off on FDX & IYT updates

FDX at key support

this looks like an important level for an important stock to hold.  i'm not adding this as a trade idea at this time but something to keep an eye on as a solid breakdown below this support level would most likely continue to drag the transportation sector lower, reaffirming the current dow theory non-confirmation mentioned [...]

Sep 20, 2012 3:02pm|Categories: Equity Market Analysis|Tags: |Comments Off on FDX at key support

FDX final target hit

FDX hit the bottom of the T1 zone (final target) on friday and again today, providing an opportunity to book profits on the trade.  looking at the chart, i could see FDX falling all the way to those support lines below assuming T1 support breaks AND the market continues it's downtrend.  however, i am leaving [...]

May 21, 2012 12:50pm|Categories: Completed Swing Trades|Tags: |Comments Off on FDX final target hit