$FedEx(FDX)$ seldom has plunge 16% due to earnings, but it happened after close September 15th. The company was supposed to announce its 23Q1 report on September 22, but it announced the preliminary results ending August 31, 2022 one week in advance. Lower Q2 guidance,widely missed estimates and withdraw guidance for fiscal year23 makes the new CEO said, The weak global freight volume has led to the disappointing performance of FedEx. The company had expected demand to increase, but it actually declined.Is this another signal of "global ecession"?It is preliminarily estimated that the adjusted opera
Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231
Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…