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Market Review #26 Jan 4th 2021 - Qs, GLD, SLVOn today's video, we look at QQQ, TQQQ, VIX, GLD, and SLV, and overall how we see the market shaping out over the next couple of weeks. Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you. Copyright Rohan Karunaratne 2020
NYSE:FDX
by UnknownUnicorn4017959
7
FDX needs to hold above previous low around 256Any break below 256 is the invalidation point to our macro 1-2 start, and could suggest further downside. Labelled in white is the potential bullish count, that would start in a 1-2 pattern. If we can see that, this could suggest a new trend that is filling out our wave 3 target to 356. I am personally stopped out, waiting for some consolidation around the current price (again, holding above the 256 level), or a 1-2 start. Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you. Copyright Rohan Karunaratne 2020
NYSE:FDX
by UnknownUnicorn4017959
FedEx Stock Lost From No Vision, But Robust Q2 Earnings ShineU.S. delivery firm FedEx released their Q2 2021 earning report showing total revenue of $20.6 billion which is up 19% year-over-year. FedEx (FDX Stock) said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses. FedEx had an operating margin of 7.1% with a net income of $1.23 billion. That represents a net income jump of 119% year-over-year. FedEx stated that freight supporting ground and express during peak time achieved the best second-quarter operating margin since 2006. In this video are my thoughts on FedEx and what is most likely to happen with support and resistance price points.
NYSE:FDXLong
by TickerTimeNews
1