Because FedEx pre-released earnings after market close, and it was about as bad a forecast as I have ever seen. FedEx forecasted Q2 EPS of $2.65 vs the consensus $5.48 (which FedEx had confirmed in June). Furthermore FedEx is blaming macroeconomic (as opposed to company-specific) forces.
If you are calling it, it won't happen. Soyunperdedor was a better nickname for you. Why have you changed it?
Buy the dip into the next three trading days? That leads us right into the Fed decision on Wednesday next week. What does your magic pencil say?
Tomorrow in the market will be....Business as Usual. Nothing to get excited about, or bored about, or neutral about. Every hype story buildup leading to an event....turns out to be a dud. Leave emotions out of trading. Be a boring/neutral person, with no expectations....but to just trade. Your mind and personality, for the most part, is your own worst enemy.
LOL. I always have focused on calling up days. But like yall said over and over, don't overlook the downside. So I will call both huge up and down days from here on out. And tomorrow will be BRUTAL to the downside. Prepare to cry longs.
I can feel it. I'm pretty sure if I keep getting things right I'm a value adder, despite whether I've justified it enough for you!