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Sanrith Descartes

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You think it's going to swing back down? Any ideas on a timeframe for that move?
I felt it was oversold when it got dumped on updated guidance announcement. They $5b added share buyback is probably really driving the price spike. Gas prices are something to really watch. Continued prices are just eating up their margins. Im a little surprised they had the double beat. I expected revenue but not profit. With options expiring tomorrow I am not sure. Let me think about it a bit.
 
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Zog

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From my experience as a driver all drivers except freight are contracted out. Contractors pay for gas and vehicles.

Fed ex as a whole shouldn't really be losing on gas prices, only penalties for not delivering packages (it was $100 per package a day that was failed to deliver) that is levied on the contractors but thats the extent of my first hand knowledge.

I should add fed ex does have their own fuel yard so in a way they might have some susceptibility to gas prices but i think prices are still pushed on to contractors still.
 

Sanrith Descartes

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From my experience as a driver all drivers except freight are contracted out. Contractors pay for gas and vehicles.

Fed ex as a whole shouldn't really be losing on gas prices, only penalties for not delivering packages (it was $100 per package a day that was failed to deliver) that is levied on the contractors but thats the extent of my first hand knowledge.

I should add fed ex does have their own fuel yard so in a way they might have some susceptibility to gas prices but i think prices are still pushed on to contractors still.
Gas impacts them because rhe contractors will be asking for increases due to their increased cost.
 

Shonuff

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But what did Cramer say? Not sure how you can decide until you hear from both.
I don't like Cramer so much, after he screwed over his subscribers on actionalerts. But he's saying careful on tech, buy companies that make things, make profits and have pricing power.

I like Tom Lee better, at this point. I don't sub to his service, because he puts a lot of his stuff on CNBC PRO anyway.
 
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Shonuff

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Um, DKNG is at $27? That's another example of a stock I hold it for so long, I forget I own it. But damn. It used to be in the 60s a few months ago.
 
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Mist

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It might be time to move all my money to boomer stocks.

Who's got a good list of boomer stocks? (aside from what Sanrith has already mentioned.)

I'm predicting massive demand shock and an end to all the zoomers having leftover money every month to throw at the market as soon as they have to start repaying their college loans.

Kids are probably going to cash in their crypto to pay rent and make loan payments too.
 
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Big Phoenix

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1639715696309.png


iu
 
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Jysin

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SPY level premarket has given up the entire move of the post-Fed talk gain from Wednesday.

A lot of inconsistencies out there.
 
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Sanrith Descartes

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Record retention in finance is serious business to the point where it’s annoying as fuck.
"make mistakes with it" to make truck loads of cash and then pay a nominal fine. Welcome to Wall Street.
 
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Sanrith Descartes

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RIVN

Shockingly reported a "wider than expected loss" yesterday. Ok, not really shocking.
-9%

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