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FedEx Corporation

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FDX trade ideas

I know a little secretFed Ex is in an early stage of Doom. Believe or not the company in not profitable. So much that team leaders are having to tighten there spending across the board. This means No hiring, No raises, and even No team lunches. There are a plethora of reasons for this change in direction and we all can see the inevitable. Primarily huge corporate spending with larger competition sees more outflow in the companies returns, and now the recent increase in fuel costs. I believe Fed Ex will go through another downsizing phase similar to 2009, this time eliminating overpaid no-see-ums "workers from home" and once again offering buy out packages to the good ol boys. But i dont think this is enough, ultimately i see Fed Ex succumbing to its rivals, i.e. AMZN; because if they cant beat them they'll have to join them. Fed Ex will break 100
NYSE:FDXShort
by chefdrewmem
1
Fed Ex Confirmation Seen Decelerating World GrowthFed Ex FDX released earnings after the closing bell this afternoon, and the stock immediately dropped 5 % to 172.50 in after hours trading on the companies forecast of markedly slower world demand for shipping in 2019. It is most interesting to note that Fed Ex stock peaked at 275 a share way back in Jan.2018,and has been falling almost straight down ever since. 2019 rally in the market simply brought FDX back to overhead chart resistance, before recently rolling back over again, prior to the poor earnings announcement today. FDX Last 181.41 THE_UNWIND 3/19/19 St.Joseph's Day Mountains/New York
NYSE:FDXShort
by The_Unwind
1