FedEx (FDX) and Housing Boost Indexes

FedEx (FDX) and Housing Boost Indexes

The indexes have regained their positive trends according the technical indicators on ClearStation.com. Today saw good news in the form of housing starts coming in better than expected (330,000 v. 310,000 expected) and FedEx (FDX) giving a current quarter and current year estimate that was better than the provided just 6 weeks ago. FedEx stock gained 5.6% today while United Parcel Service (UPS) also gained, up close to 2%.