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The 'FedEx Indicator' and the Next 30 Trading Days There are lots of metrics and data points for measuring what to expect from the stock market, but TradeSmith Analyst John Jagerson wants to zero in on one this week – the performance of FedEx Corp. (FDX). The $58 billion shipping giant handles 16.5 million packages per day, so it serves as a type of "barometer" on the health of the economy. If more items are being shipped, it would indicate people are spending more money and businesses are making more money. John says that is more than just an assumption because when FedEx reports earnings and surprises to the upside, he says that the overall market is higher a month later... 75% of the time. But FedEx reported mixed quarterly results last week that indicate things may be going in the opposite direction. Analysts were expecting $4.85 in earnings per share (EPS) and $22.5 billion in revenue. FedEx topped EPS with $4.94 but slightly missed revenue by reporting $21.9 billion. The more alarming figure was daily package volume in its Express business dropped 10% and average daily freight pounds shipped dropped 14%. RECOMMENDED LINK Harnessing the Power of A.I. to Make Huge Gains A.I. is a godsend for investing. It's like having 100,000 financial analysts at your fingertips... which is why it's at the heart of TradeSmith's newest innovation — an A.I.-driven stock price predictive algorithm called An-E (pronounced Annie, short for Analytical Engine). And, it was recently introduced to the public for the first time. Full details, here. I QUIT traditional investing (Watch this crazy 1-minute trading demo) I'm not buying ANY stocks, cryptos, or bonds for the foreseeable future... and instead, I'm just repeating one easy-to-follow trade. A trade that could pay hundreds, even thousands, of dollars almost every time you execute it... (89.47% of the time to be exact). And in this short video, I'm going to demonstrate the entire process step-by-step so you can start using it too. Go here to see how ONE trading technique could make you $1,000 per month. So, after just entering a bull market, is there already trouble ahead? John has some critical insight on the "FedEx Indicator" and what to expect in the next 30 days. Give him five minutes by clicking the play button in the image below and you'll get the inside scoop: Enjoy your Monday, Keith Kaplan CEO, TradeSmith P.S. This insight was first shared in Constant Cash Flow, a service where paid-up members receive a new income trading opportunity... every single day of the year. More information about Constant Cash Flow is available here. More Investable Information at Your Fingertips TradeSmith's 2023 Guide to Beating Inflation Bitcoin Is Far from Dead (Here's Proof) This Could Be the Amazon of Gene-Editing Stocks 2023 Electric Vehicle Investing Guide Customer Support: 866.385.2076 |  support@tradesmith.com Customer Service Request ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 Terms of Use Privacy Policy To unsubscribe or change your email preferences, please click here.