Troubling Signs From the Transports
On "Jim Cramer's Mad Money" on Tuesday, Jim said that he thought the earnings pre-announcement from FedEx (FDX) would sink the stock and the market. It didn't. In fact, today the market is blasting higher.
Jim eventually came to the conclusion that the FedEx news wasn't much of a surprise, since United Parcel Service (UPS) missed a few weeks ago, and the stock market is looking ahead toward better times anyway. But is the stock market simply whistling past the graveyard?...289 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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