Chart of the Week – FedEx

Source: ThinkorSwim This chart of FedEx (FDX) shows that from a technical perspective FedEx may be at a perfect buying position. When this is coupled with the distribution company‚Äôs strong fundamentals and positive industry outlook FedEx appears to be a great value investment. Similar to the performance of the entire market, FedEx recently got crushed … Continue reading Chart of the Week – FedEx

Chart of the Week – S&P 500

Source: ThinkorSwim The month of October has been a rough one for stocks as the market took a significant down-turn due to a combination of negative outlook on global growth, increasing interest rates, and poor earnings reports. However, this market downturn provides an opportunity to buy very high quality stocks at discounted rates if timed … Continue reading Chart of the Week – S&P 500