FedEx Volatility: Three Strikes And You're Out!

* See UPDATE below...

Following Thursday's after-hours dire world-wide recession warning by FedEx CEO, its stock (FDX) has plunged this morning.

FDX has a history of volatile parabolic spikes and plunges. In fact, it had difficulty, twice, in holding any gains above 120.00 since it broke above in September 2013, as shown on the following monthly chart. Price is heading back to that level for a third time, as I write this post.

A drop and hold below 120.00 could see it hit its next major support level of 80.00, or lower.

If this is a harbinger of things to come, it will confirm that world markets are in for a very rough ride (as I first reported on July 26 and later updates).

Source: ZeroHedge

ZeroHedge excerpt

Source: ZeroHedge

ZeroHedge excerpt

* UPDATE Sept. 19...

It seems to me that markets have 'levitated on myths' since Day One, especially since March 2009, in the weeks, months and years following the 2008/09 financial crisis.

Fed Chairman Powell can't fix the global supply chain crisis, so his rate-raising actions won't curb inflation entirely, but will contribute to the giant economic mess that countries around the world now find themselves trying to overcome.

People, especially those on fixed and low incomes (and even middle incomes), are in for a lot of pain...thanks to the artificial market and economic environment that global central bankers have created over many years.

In other words, visualize the proportionality of 'cause and effect' and you get the picture.

Cause...Effect?

Source: ZeroHedge

ZeroHedge excerpt

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Abraham Maslow (Maslow's Hierarchy of Needs) would be rolling in his grave if he saw the state of things now. 

Most people (99%) around the world are still struggling in the bottom two levels of the Hierarchy.

So much for so-called 'personal progress' over the centuries! 🤔

Maslow's Hierarchy of Needs

MSCI World Index In Freefall

* See UPDATES below...

The MSCI World Index has been in freefall since January, as shown on the following monthly chart.

Major support sits at 2000, while longer-term supports lies at 1600.

Threats of world-wide recession are looming, as described in the following article...

Source: ZeroHedge

ZeroHedge excerpt

The following posts provide further details and warnings in this regard:

• Emerging Market ETF (EEM)

• Europe/Germany/Italy

• China

• SPX

• U.S. Banks & XLF

• Inflation

• Bitcoin & Cryptocurrencies

• ESG

Trade with caution!

* UPDATE July 28...

The U.S. is now in a technical recession...but the hucksters (including President Biden) would have you believe that technical data doesn't matter and that everything is rosy...

Source: ZeroHedge

The following sums up the current chaotic state of affairs...choose your definition and place your bets accordingly, if you dare. 😏

ZeroHedge excerpt

* UPDATE July 30...

QUESTION: What do UNSDG, UNFAO, UNFS, as well as ESG, all have in common? 

ANSWER: Global (socialist) government control/ownership of land, food, water, housing, transportation/travel, health/welfare, energy, technology, banking/finances, education, media/social media & censorship, and goods production/distribution...via policies supported/adopted by the WEF, the UN, and major countries/unions, such as the UK, USA, EU, China, and Canada.

So, why have the Chinese and Bill Gates been buying up thousands of acres of farmland in the USA?

And why is the world in such a mess (with countries experiencing famines for the first time due to new restrictions/regulations on crop fertilizers and energy sources) -- and "transitioning" (global elites' favourite word du jour) toward an epic disaster -- under these principles/doctrines and practices (UN's "Agenda 2030")?

Source: ZeroHedge

ZeroHedge excerpt

Link to tweet & video

One hypocritical Hollywood elite, who hadn't done his research before hurling accusations of purported climate abuse, gets a lecture for his own abuse of the climate via his lavish lifestyle and his 'mega-toys.'

No doubt, there are many more privileged global elites who deserve to be labelled as 'hypocritical climate/environmental abusers,' a.k.a. 'pesky climate hustlers.' 🤔

Source: ZeroHedge

* UPDATE Aug. 2...

So, yes, there are more hypocritical 'pesky climate hustlers'...10 of whom are identified in this article.

What's wrong with these people? 😟

Source: ZeroHedge

* UPDATE Aug. 11...

Perhaps the following article explains the volatile, large-scale whipsaw price action of markets this year...the schizo push-pull swings between DM status (developed market status) versus EM status (emerging market status) within a variety of world markets, including the U.S.

So, what's the real status of any market? And, who gets to make those decisions?

If I were to hazard a guess...and, in a perfect world...I'd say it's anyone who controls the value and amount of money supply, as well as how well it's managed and invested for the future growth and benefit of the whole (the whole being a country's citizens).

However, since no one seems to be that altruistic and consistent in their thinking and actions, we're stuck with imperfect messaging (political spins and lies) and markets that trade on such 'massaged and fluid messaging'...but, which are also subject to real shocks and wild swings, regardless of their perceived (and fluid) DM/EM status.

So, plan your trade (within your timeframe)
and trade your plan.

Source: ZeroHedge

* UPDATE Aug. 21...

Will that be CASH or CRASH?

Perhaps CASH is the safest way to go for the foreseeable future, inasmuch as holding CASH can also be part or all of your trading plan, depending on your risk tolerances within your trading timeframe and trading style (e.g., day trader, short-term swing trader, medium-term position trader, or long-term investor).

Source: ZeroHedge

N.B. More information on weakness in world markets can be found here (regarding the SPX).