UPS United Parcel Service and AMZN Amazon Weekly Chart with 20/50 MA Crosses

One of Keystone's important intermediate and long-term forecasting tools is the 20/50-week MA cross for UPS. United Parcel Service is a key shipping company and directly reflects the health of the global economy. Parts, raw materials, business contracts, documents and consumer products are delivered by the brown trucks and the guys and gals in the brown short pants. The UPS 20/50 cross is positive currently reflecting the joyous stock market.

Humorously, three or four decades ago, it was exciting to see a delivery truck in a neighborhood. It meant that someone was receiving something special or important. Nowadays, the UPS truck is in neighborhoods two or three times per day as well as the FedEx trucks and others. Toddlers now utter "ups" as their first word spoken instead of "dada."

The 20/50 crosses are whipsaw-y over the last couple years. Curse the central bankers. Those sicko's have financial markets twisted into knots. The wheels of the world's financial system are grinding, screeching and smoking. The signal crosses typically happen at longer intervals but nowadays the Federal Reserve will goose markets at the first sign of trouble which creates the long-term choppy pattern. The central bankers are the market. Do you understand this or are you stupid?

The bears will need the 20-week MA to cross down through the 50-week MA to project doom and gloom ahead for the US economy and markets. By definition, the 20 can only curl over lower if price is lower and UPS is at 117.26 below the 20-week MA at 118.41. Bears need to sink UPS lower to move that 20 down to where it can stab the 50. Bulls need to move UPS back above 118.41 and they will not have any worries at all.

United Parcel and FedEx are getting beaten up by Amazon that wants to start using more of its own airplanes, trucks and so forth to delivery its packages; the Amazonification of the shipping industry if you will. Thus, to paraphrase Keynes, 'when the facts change, I change my mind, what do you do?', Keystone may need to use AMZN as a new tool here on out instead of, or to supplement, the UPS tool. Amazon is an important indicator of economic health due to the the products it sells and now as it diversifies into many industries, such as shipping, perhaps the 20/50 cross will be an important guideline and it is worthwhile to keep an eye on King Bezos and company.

Look at that; the Scamazon weekly chart. Very interesting; its intermediate and long-term 20-week MA is below its 50-week MA. Keep an eye on that going forward. Stock market bulls must move the AMZN 20-week MA back above the 50 as soon as possible. Price is up at 1887 pulling the moving averages higher. If AMZN goes sub 1800, there will be H*ll to pay going forward. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.