UPS: Slow And Steady (UPS)

United Parcel Service, Inc. UPS continues to move higher, slow and steady, not sharply higher or sharply lower. Yesterday FedEx FDX was upgraded at Credit Suisse and had its price target raised sharply higher, and UPS saw some follow through on that note. Traders can expect UPS to continue to climb into the month of December, and December 16 will be an especially important day, as competitor FedEx reports earnings that day for its second quarter of 2011. Disclosure: long UPS