FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 13.25% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $8.83 would be incurred if the stock dropped below the $120.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FedEx 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 FedEx 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 FedEx
Obamacare Under Fire: Surveillance (10/30)
Wed, 30 Oct 2013 21:11:08 GMT
Bloomberg – Oct. 30 (Bloomberg) — Full episode of “Bloomberg Surveillance.” Guests: Keith Sherin, Christine Poon, Kevin Plank, Mohamed Aly El-Erian, Jeffrey Immelt, and Fred Smith. (Source: Bloomberg)
Jim Cramer: Buy FedEx, F5 Networks, and These Two Companies
Wed, 30 Oct 2013 14:25:19 GMT
Wall St. Cheat Sheet – It's always a good strategy to track transparency of pundits.
FedEx's Smith Says Rules `Impeding Job Creation'
Wed, 30 Oct 2013 13:34:02 GMT
Bloomberg – Oct. 30 (Bloomberg) — Fred Smith, chief executive officer of FedEx Corp., talks about the global economy, the outlook for U.S. budget negotiations and the impact of regulations on the nation's businesses …
FedEx CEO Smith: Regulatory Situation Is Oppressive
Wed, 30 Oct 2013 12:59:59 GMT
Bloomberg – Oct. 30 (Bloomberg) — Fred Smith, CEO at FedEx, talks with Sara Eisen about regulation in the United States, why it hurts competitiveness with the rest of the world and why he is optimistic about the …
Salt Lake City Int’l Airport September Cargo Volume
Wed, 30 Oct 2013 07:00:20 GMT
Bloomberg – The following table shows cargo volumes at the Salt Lake City International Airport for September from data provided on the airport’s website.
Related Posts
Also on Market Tamer…
Follow Us on Facebook