Monday, October 19, 2015

TUESDAY 10/20/15; Trudeau Wins Canada Election; ATI; BK; FITB; RF; HOG; LMT; TRV; UTX; VZ; Housing Starts; CMG; DFS; PKG; VMW; WERN; YHOO

The ASX 200 is down -0.3% to begin Tuesday trading with oil and energy stocks creating a drag. Nikkei futures indicate a robust upside open in excess of +1%. United Continental names Brett J Hart as acting CEO for the airline after Oscar Munoz remains in the hospital following a heart attack. UAL is down -0.3% in late 



















[Text is Redacted: Purchase October 2015-10 to Read the Complete Chronology]





































 packaging king PKG misses on the top and bottom lines. Cardboard, containerboard and corrugated packaging products are a key bellwether since a robust and dynamic economy requires shipping of products, parts, contracts and raw materials. Soft cardboard and packaging materials sales indicate a soft economy.

FedEx and United Parcel Service stocks have been in a downtrend since the May top in markets. The UPS 20/50-week MA cross is a valuable indicator of whether the stock market is in a cyclical bull or bear pattern. The UPS 20-week MA is under the 50-week MA signaling an ongoing cyclical bear market for stocks, however, UPS price has recovered lately and the 20-week may cross back above the 50 in the weeks ahead.

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