United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 14.16% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $8.76 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for United Parcel is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Parcel
Business Leaders Mourn the Death of Congressman and Civil Rights Leader John Lewis
Mon, 20 Jul 2020 02:11:00 +0000
Delta Air Lines, Home Depot, UPS and other organizations remembered Congressman Lewis, who died Friday, as a champion of civil rights and the ‘Conscience of the Congress.’
UPS To Release Second-Quarter Results On Thursday, July 30, 2020
Thu, 16 Jul 2020 20:15:10 +0000
ATLANTA, July 16, 2020 — UPS (NYSE:UPS) will announce its 2020 second-quarter results on Thursday, July 30, 2020, at approximately 6:00 a.m. Eastern Time. At 8:30 a.m. ET,.
Take Your Profits in FedEx Stock and Don’t Look Back
Thu, 16 Jul 2020 18:50:44 +0000
With many brick-and-mortar stores closed in recent months thanks to the novel coronavirus, shipping companies like FedEx (NYSE:FDX) are seeing increased traffic and profits. FDX stock is up 20% in the last month.Source: Antonio Gravante / Shutterstock.com But I'm not looking for this ride to last. In fact, FedEx is living on borrowed time. Investors would be wise to take their profits now, before Amazon (NASDAQ:AMZN) reinstates its Amazon Shipping program and flexes its muscle once again.It's only a matter of time before the bubble of FDX stock pops.InvestorPlace – Stock Market News, Stock Advice & Trading Tips FedEx's Earnings at a GlanceTwo weeks ago, FedEx reported fiscal fourth-quarter 2020 earnings that sent the stock up 9%. Its revenue came in at $17.4 billion, which beat analysts' average estimate of $16.49 billion.Its earnings per share, excluding certain items, were $2.53, which was more than $1 per share better than analysts' mean estimate of $1.52. * 10 Work-From-Home Stocks That Are Beating the Pandemic The company said FedEx Ground's business grew 25% year-over-year. While the unit's business-to-business deliveries fell sharply because of the shutdowns, its business-to-consumer deliveries were more than enough to make up the difference.FedEx reported that it had made tweaks to improve its profit margins and offset higher costs in Q4.UBS analysts noted that FedEx's Q4 results had cleared "a low bar," as expectations for its earnings were modest. According to the firm, the company demonstrated that "the spread in profitability between their B2C and B2B business is likely not as wide as perceived."FedEx scored an earnings beat, but expectations were so low that the win isn't that impressive. FDX Stock Is on Borrowed TimeThe shadow that falls over FDX stock comes from Amazon, the e-commerce giant that seemingly has its hands in everything.Amazon is by far the biggest e-commerce player in the nation, with $280.5 billion of revenue last year. And it has its own delivery platform, bypassing FedEx and UPS (NYSE:UPS).Despite its incredible size and reach, even Amazon found itself overwhelmed in the early days of the Covid-19 outbreak. The giant's e-commerce sales exploded because consumers couldn't go to brick-and-mortar stores.Amazon hired 175,000 new workers to keep up with the demand, and it was forced to suspend its Amazon Shipping program. The pilot program let merchants who did their own warehousing also ship directly to customers, but it covered only a few major markets,Covid-19 cases are overwhelming many southern states and California now, but there is increasing pressure for states to reopen their doors as soon as possible to get the economy moving again.And happily, we may be closer to a vaccine than previously thought. Moderna (NASDAQ:MDRA) announced that its Covid-19 vaccine, which it's developing in partnership with the National Institutes of Health, performed well in a Phase 1 trial. The company is now moving on to Phase 3 tests.Remember, there's no love lost between Amazon and FedEx. The companies severed their air and ground relationships last year, and things have been tense between them ever since.Amazon barred companies enrolled in its "Seller Fulfilled Prime" program from using FedEx Ground and Home Delivery services. FedEx, meanwhile, purportedly told its employees not to order anything on Amazon's platform, even for personal use.Amazon won't even think twice about cutting into FedEx's business in the future.Amazon is too strong of a company to leave money on the table. You can bet that it will restart its Amazon Shipping program as quickly as possible, and that it will expand across the country as soon as Jeff Bezos & Co. determine that the investment is worth the return.That's going to take a bite out of FedEx. The Bottom Line on FDX StockDon't be fooled by FedEx's recent surge. The numbers are artificially inflated by Wall Street's overblown enthusiasm over its Q4 earnings and Amazon's temporary suspension of Amazon Shipping.Remember, the U.S. economy hummed along nicely for all of 2019. And in that same period, FDX stock fell more than 6%.That is more indicative of FedEx's growth prospects once Covid-19 vaccines are launched and Amazon restarts its pilot shipping program.If you've been holding FDX stock, then it's time to take your profits and move on to better opportunities. Shorting the shares could also be worthwhile.Patrick Sanders is a freelance writer and editor in Maryland, and from 2015 to 2019 was head of the investment advice section at U.S. News & World Report. Follow him on Twitter at @1patricksanders. As of this writing, he did not have a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Take Your Profits in FedEx Stock and Don't Look Back appeared first on InvestorPlace.
Is FedEx Stock a Buy?
Thu, 16 Jul 2020 11:31:00 +0000
The recent rise in FedEx's (NYSE: FDX) stock price has caught the eye of investors, and at the time of writing, the stock is up 6% on the year. FedEx's stock has produced a commendable performance given the significant impact of the COVID-19 pandemic on the economy. Two key questions surround the investment case for transportation stocks right now.
5 Stocks for a Better Retirement
Thu, 16 Jul 2020 01:12:44 +0000
A better retirement means living as comfortably as possible, and part of that comes down to strategic retirement planning. At its essence, retirement planning is all about income and capital preservation. Procter & Gamble (NYSE: PG) is the ultimate “sleep well at night” stock for retirees.
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