I think Fed Ex was just the beginning of warnings

[Sekiyo]

Looks like a chart of the FANGS for 2022

That’s true.
It was the real estate bust in China.

 

[murray t turtle]

I think the Fed ex warning last week was just the start. Enterprise spending on tech will take another hit in my opinion. There is definitely a lag between rate hikes and cut backs in enterprise spending. The reality is we are going lower on all 3 index’s . We can trade but those that buy and hold will get hurt.
As traders- do not turn a failed day trade into an investment; take the loss.

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I think the Fed ex warning last week was just the start. Enterprise spending on tech will take another hit in my opinion. There is definitely a lag between rate hikes and cut backs in enterprise spending. The reality is we are going lower on all 3 index’s . We can trade but those that buy and hold will get hurt.
As traders- do not turn a failed day trade into an investment; take the loss.

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FEDX sure took another huge hit\ in a down bear market.
NO wonder Dave Ramsey compared buying single stocks to a Las Vegas Casino.
SDOW did well, lately, but they are buying dow /DIA on weekly chart.
Depends on the buy plan\ buy for 30-40 years has produced many more millionaires , most likely\ than a any day traders.
But that's a well tested plan; not poor performance , by confusion of time frames.

 

[Innervoice]

Wait until the earnings warnings start rolling in. Perhaps some will be priced in but it’s getting ugly.