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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (31923)7/29/2021 1:10:23 PM
From: ajtj991 Recommendation

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Bocor

  Respond to of 97638
 
Hi Robert. The UPS earnings were great, but their growth in the US was "only" 10%:

news.yahoo.com

UPS is almost a 2-bagger off the 2019 highs, so it's not doing too bad. The stock is likely getting hit as more spending moves to services and more people go back to buying brick and mortar. The stock peaked during the spring Covid-19 surge, so it was bound to come back to earth.

UPS has performed very much in line with FDX since the 2019 highs as they both have been adapting to the AMZN switch to their own carriers and the logistics of the pandemic world.



To: robert b furman who wrote (31923)7/29/2021 5:14:13 PM
From: Sun Tzu  Read Replies (2) | Respond to of 97638
 
I am not sure about FedEx, but from what I remember UPS drivers are independent contractors. How well they serve you is a function of many factors, not the least of which is how much pressure the company puts on them to ensure timely delivery of all their packages. Since they are not salaried workers and have to finish their rounds, there is little UPS can (and wants) to do about it.