Public trading strategy

Tech is tanking but FedEx just beat earnings — buy the shipping giant as a safe

Thesis

While everyone is focused on the massive tech and AI sell-off, traditional companies with solid earnings are flying under the radar. FedEx proving that it can grow profits in this tricky economy shows that the overall market isn't completely broken. Investors looking for a safe place to park their money while tech stocks crash might rotate into reliable shipping and logistics companies like this one.

Strategy approach

Construct a momentum strategy on the daily timeframe for FDX. Enter a long position if the stock closes above its 20-day Simple Moving Average (SMA) and the MACD line crosses above the signal line. Exit the trade if the price closes below the 20-day SMA, or set a tight 4% stop loss from the entry price.

Markets and timeframes

FDXD

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