Built a small position, will c

2022-09-17

Built a small position, will continue to add. Economy is bad and recession is coming I know but this is a great business with strong fundamental, will rebound in long term.

Why FedEx’s Stock Plunge Is so Bad for the Whole Stock Market

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BlueDaisy
2022-09-17
BlueDaisy
That's the way to go!

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Economy is bad and recession is coming I know but this is a great business with strong fundamental, will rebound in long term.</p></body></html>","text":"Built a small position, will continue to add. Economy is bad and recession is coming I know but this is a great business with strong fundamental, will rebound in long term.","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9937130043","repostId":2268894612,"repostType":2,"repost":{"id":"2268894612","kind":"highlight","pubTimestamp":1663366700,"share":"https://www.laohu8.com/m/news/2268894612?lang=&edition=full","pubTime":"2022-09-17 06:18","market":"us","language":"en","title":"Why FedEx’s Stock Plunge Is so Bad for the Whole Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2268894612","media":"MarketWatch","summary":"Dow Theory ‘sell’ signal is halfway complete, as Dow transports fall below the June low, but Dow ind","content":"<html><head></head><body><p>Dow Theory ‘sell’ signal is halfway complete, as Dow transports fall below the June low, but Dow industrials are still above</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9328334e05dc0ed5df3ac2d312f2afcb\" tg-width=\"700\" tg-height=\"474\" referrerpolicy=\"no-referrer\"/><span>(Photo by Michael Smith/Getty Images) GETTY IMAGES</span></p><p>FedEx Corp.’s profit warning has cast a pall on the broader stock market, as a record plunge in the package delivery giant’s stock has helped trigger one half of a Dow Theory “sell” signal.</p><p>FedEx shares fell 21.4% to a two-year closing low of $161.02. The $43.85 price decline shaved about 267 points off the Dow Jones Transportation Average, accounting for more than one-third of the Dow transports’ 685.39-point, or 5.1% drop, to 12,825.34.</p><p>The transportation sector tracker broke below its June 17 closing low of 12,868.60, which at the time marked the lowest close in 16 months.</p><p>The Dow transports’ selloff has sent an important message about the health of the broader stock market, given that the index is viewed by many as a leading economic indicator. There’s a saying on Wall Street that the companies in the Dow transports “take” to buyers what the companies in the Dow Jones Industrial Average “make.”</p><p>Basically, if transports aren’t taking, the economy isn’t moving, and the stock market will be falling.</p><p>The Dow transports’ new low follows a big 18.2% bounce off the June low to the mid-August closing high of 15,209.96. But since that high was well below the first recovery high seen in March of 16,718.54, which in turn was below the November 2021 record close of 17,039.38, the index has continued a pattern of lower lows and lower highs, which many Wall Street chart watchers say defines a bear market.</p><p>And perhaps more significantly, the lower low completes one half of a “sell” signal, according to some followers of the century-old Dow Theory of market analysis.</p><p>As Mark Hulbert, MarketWatch contributor and founder of Hulbert Ratings LLC, has written, many agree that there are three key ingredients to a Dow Theory “sell” signal.</p><p>First, the Dow industrials and Dow transports must suffer significant selloffs after reaching new highs — Check. The respective June closing lows marked a 24.4% decline in the Dow transports from its record close in November and an 18.8% drop in the Dow industrials from a January record close.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08496542bc0255e974b525be5c16073d\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"/><span>FACTSET, MARKETWATCH</span></p><p>Second, significant rallies off the respective lows fail to reach the previous highs — Check. The Dow transports bounced 18.2% off its June low, and the Dow industrials bounced 14.3%, to the mid-August highs, but those highs were well below the respective previous highs.</p><p>And third, both indexes fall below the lows referenced in the “First” ingredient — the indexes are halfway there.</p><p>The Dow transports have checked that box, but the Dow industrials, which slumped 139.40 points, or 0.5%, to 30,822.42 on Friday, were still more than 900 points above the June 17 closing low of 29,888.78.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why FedEx’s Stock Plunge Is so Bad for the Whole Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy FedEx’s Stock Plunge Is so Bad for the Whole Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 06:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-fedexs-stock-plunge-is-so-bad-for-the-whole-stock-market-11663352650?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow Theory ‘sell’ signal is halfway complete, as Dow transports fall below the June low, but Dow industrials are still above(Photo by Michael Smith/Getty Images) GETTY IMAGESFedEx Corp.’s profit ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-fedexs-stock-plunge-is-so-bad-for-the-whole-stock-market-11663352650?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/why-fedexs-stock-plunge-is-so-bad-for-the-whole-stock-market-11663352650?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268894612","content_text":"Dow Theory ‘sell’ signal is halfway complete, as Dow transports fall below the June low, but Dow industrials are still above(Photo by Michael Smith/Getty Images) GETTY IMAGESFedEx Corp.’s profit warning has cast a pall on the broader stock market, as a record plunge in the package delivery giant’s stock has helped trigger one half of a Dow Theory “sell” signal.FedEx shares fell 21.4% to a two-year closing low of $161.02. The $43.85 price decline shaved about 267 points off the Dow Jones Transportation Average, accounting for more than one-third of the Dow transports’ 685.39-point, or 5.1% drop, to 12,825.34.The transportation sector tracker broke below its June 17 closing low of 12,868.60, which at the time marked the lowest close in 16 months.The Dow transports’ selloff has sent an important message about the health of the broader stock market, given that the index is viewed by many as a leading economic indicator. There’s a saying on Wall Street that the companies in the Dow transports “take” to buyers what the companies in the Dow Jones Industrial Average “make.”Basically, if transports aren’t taking, the economy isn’t moving, and the stock market will be falling.The Dow transports’ new low follows a big 18.2% bounce off the June low to the mid-August closing high of 15,209.96. But since that high was well below the first recovery high seen in March of 16,718.54, which in turn was below the November 2021 record close of 17,039.38, the index has continued a pattern of lower lows and lower highs, which many Wall Street chart watchers say defines a bear market.And perhaps more significantly, the lower low completes one half of a “sell” signal, according to some followers of the century-old Dow Theory of market analysis.As Mark Hulbert, MarketWatch contributor and founder of Hulbert Ratings LLC, has written, many agree that there are three key ingredients to a Dow Theory “sell” signal.First, the Dow industrials and Dow transports must suffer significant selloffs after reaching new highs — Check. The respective June closing lows marked a 24.4% decline in the Dow transports from its record close in November and an 18.8% drop in the Dow industrials from a January record close.FACTSET, MARKETWATCHSecond, significant rallies off the respective lows fail to reach the previous highs — Check. The Dow transports bounced 18.2% off its June low, and the Dow industrials bounced 14.3%, to the mid-August highs, but those highs were well below the respective previous highs.And third, both indexes fall below the lows referenced in the “First” ingredient — the indexes are halfway there.The Dow transports have checked that box, but the Dow industrials, which slumped 139.40 points, or 0.5%, to 30,822.42 on Friday, were still more than 900 points above the June 17 closing low of 29,888.78.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":142,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103968917,"commentId":"103968917","gmtCreate":1663390178749,"gmtModify":1663390183525,"authorId":3582677971530678,"author":{"id":3582677971530678,"idStr":"3582677971530678","authorId":3582677971530678,"name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9937130043,"objectIdStr":"9937130043","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"That's the way to go!","text":"That's the way to go!","html":"That's the way to go!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9937130043"}