
FEDEX TEMPERS STOCK BUYING FRENZY BUT MARKET MECHANICS STILL IN CONTROL
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Stock Buying Tempered Please click here for a chart of FedEx stocks (FDX). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of FDX is being used to illustrate the point. FedEx is known as the bellwether of the economy. The chart shows a big fall in FDX stock after it reported earnings. The chart shows that prior to the earnings release, there was heavy volume with a slight drop in the stock. From a technical analysis point of view, this