FedEx Stock (FDX) was discussed this morning in the Investing Strategy Notes.
They reported excellent earnings last night but the CEO warned they are having trouble finding employees and they intend to increase capital spending by 22% for the year. That sent the stock lower. See trade#1 which replaces buying shares.
I did a total of 5 trades today in the stock.
The rest of this trade alert and ideas article is for FullyInformed Members.
FedEx Stock (FDX) – 2nd Trade Alert and Idea for Fri Jun 25 2021
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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