Surging Fedex Stock Price Points To A Growing World Economy

If you have used Fedex's services, you will know they offer fast delivery. The recent surge in its price is telling us that we should be bullish. Postal company or companies that transport goods all over the world can be used to gauge the health of the world economy.

If these transport companies rises, it means the world's economy is growing. And that will be good for the world's stock market.

As you can see from the monthly charts above, a rising Fedex stock price is good for the world markets.

The simple reason behind this is when businesses and economy are getting better, they use more of Fedex. And the more customers Fedex have, the more profit Fedex will have. That in turn will be reflected into a rising stock price.

Therefore, the intermarket analysis principle here is this:

A surging Fedex stock price shows us that the world economy and US economy is growing. A declining Fedex stock price will hint of a slowing world economy and US economy.

Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com

Charts with the investing.com logo are courtesy of Investing.com powered by Trading View

  • If you like this article, consider starting the Stock Market Course. It is free and jam packed with great information for newbies.
  • Want to have updates on the financial markets? Join my Telegram Channel. Dstockmarket.com Channel.
  • Help support this page and press the Facebook Like button below. Thanks!

Recent Articles

  1. Stock Market Analysis Jan 8 2019 Tuesday

    Jan 08, 19 05:35 AM

    Is the market ready for a fresh new start for 2019 and will this be a recovery and start of a new rally. Let's take a look at the charts.

    Read More

  2. Dow Jumps Higher After Trade War Pause, Will Markets Go Even Higher?

    Dec 03, 18 08:16 AM

    With an agreement to pause the trade war, Dow is about to jump 450 points higher, but will this rally sustain and go even higher? Lets take a look at the charts.

    Read More

  3. Bull Run To Year End In US Market? It All Depends On This...

    Nov 29, 18 07:51 AM

    Yesterday we saw a huge big rally 600 ++ points. The question now is this rally sustainable and will we have a beautiful Christmas in the stock market this year. Here are a few things to look out for…

    Read More

  4. Technical Analysis Of KLCI 29 November 2018

    Nov 29, 18 07:35 AM

    This sideways movement in the KLCI is really giving investors and traders a headache. What we are experiencing now is a volatility contraction which is often followed by volatility expansion.

    Read More

  5. Nasdaq Tries To Bottom But Still Faces Selling Pressure Nov 26 2018

    Nov 26, 18 08:52 AM

    As the techs reach an area of long term support, its going to be a choppy ride as the market decides whether support will hold or the downtrend continues...

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.