FedEx Stock is in Free Fall. Is There a Bottom?

FedEx stock is plunging sharply after the company slashed profit targets and announced broad cost-cutting measures. The share price is down almost 41% from its all-time high of $273.66 reached in January, when everything looked so rosy. What happened? Many experts would argue that the market finally realized that FedEx is not what it once…

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SPX: Do Not Miss the Forest for a Tree (Like We Did)

We show you how nailing the big picture is still not enough if you lose yourself in irrelevant details The SPX plunged 95 points or 3.3% yesterday. In this article we will tell you about a mistake we made, namely missing the forest for the trees, so you do not make it yourself next time.…

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FTSE MIB: What Happened to Italy’s Stock Market?

It was a bad month for Italian investors. The country’s benchmark index – FTSE MIB or Milano Indice di Borsa – crashed from its May 7th high of 24 544 to as low as 21 122 yesterday on fears that the fourth largest economy in the European Union is on the brink of a full-blown…

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DJIA Worst Day Ever in Elliott Wave Context

The DJIA fell by 1175 points on Monday, marking the worst daily decline in its entire 122-year history. In percentage points, however, yesterday’s selloff was not as big as Black Monday‘s 508-point crash on October 19, 1987, but it was still big and fast enough to make some investors wonder if this is the end…

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DJIA Transforms Optimism Into Mania

The last time we wrote about DJIA, the index was just breached 18 700. In the article we published on November 10th, we examined the weekly chart of the Dow, which appeared to be showing a bearish pattern called an ending diagonal, which could have spelled the end of the bull market, which began in…

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This DJIA Pattern Screams “Abandon Ship”

If you have read our article about DJIA’s long-term prospects, you know that the bulls have been swimming in very deep and dangerous waters for while now. The shorter-term outlook, however, suggested that a new all-time high should be expected before things get complicated. This is the chart we published back in August, while the…

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MasterCard Threatens Your Entire Portfolio

MasterCard Inc. stock just climbed to a new all-time high of 108.93 dollars a share this week. It has been steadily rising from as low as 11.31 in November, 2008, so needless to say, MasterCard has been a great investment during the last 8 years.  But investing would be too easy if we could only buy…

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Avoid Ingersoll-Rand Like the Plague

Ingersoll-Rand Plc is a diversified industrial company with long history. It was established in 1905 as a result of the merger of two even older companies – Ingersoll-Sergeant Drill Company and Rand Drill Company – both founded in 1871. It is hard not to admire a company, which has managed to survive all the disastrous…

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The Skyscraper Curse

In the 1940s, Edward R. Dewey hypothesized, that the tallest buildings are usually completed after significant market peaks. This infographic will show you six market crashes, that occurred throughout a period of more than a century, as well as eleven skyscrapers, corresponding to these crises. They all seem to be confirming Dewey’s hypothesis. Is it…

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China’s Stock Market Crash Is Not Over

China’s Shanghai Composite stock market index reached 5178 on June 12th. Rising prices made everyone invest. Even those, who knew nothing about stocks, decided they should put their money in the market, afraid they would miss out on “the great bull market”. Then, the market collapsed. The index fell to 3500 in less than a month.…

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Where Does ASX 200 Roller Coaster Lead?

During the last several months the ASX 200 was going sharply up and down by 200-400 figures in each direction. Unless you have an incredibly strong stomach, these swings could easily make you feel sick. Should we expect this “roller coaster” behavior to persist or the Australian stock index is finally going to find a direction?…

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The Wave Principle and “The Panic of 1907”

Have you ever heard of “The Panic of 1907”? Before the Great Depression of 1929-1933, 1907 was known as one of the worst years in the history of the stock market. Needless to say nobody saw it coming when the Dow Jones Industrial Average climbed above the 100 dollar mark for the first time in January 1906.…

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