Tag: Fedex

Fed Trend Says Sell but Fedex Gives Thumbs Up

After Thursday’s strength, one of our post-FOMC trading systems gave a sell signal and that calls for weakness over the next 3-5 days. This has a high degree of accuracy, greater than 75%. If stocks rally further on Friday, it will trigger another trend calling for lower prices with a hit rate above 85%. If correct, this should just be a quick and relatively mild bout of weakness that can be bought for another move to new highs on the […]   Read More
Date: September 22, 2016