Yahoo headline: Ford just shocked investors like FedEx — here’s what Wall Street is saying
Brian Sozzi
Brian Sozzi·Anchor, Editor-at-Large
Tue, September 20, 2022 at 9:27 AM·4 min read
https://finance.yahoo.com/news/ford-fedex-wall-street-132714…
“Ford’s Q3 guide-down confirms continued supply-chain shortages (Ford cited general supply-chain issues to us) and inflationary pressures, but does not appear to reflect a demand problem. In fact, it appears to suggest better price/mix than previously guided. That said, our initial sense is that the Q3-Q4 walk will lean many to the low-end of Ford’s $11.5-$12.5 billion fiscal year 2022 range (Citi $11.8 billion).”
$F Daily chart (trendline breakdown a few days ago, now holding a horizontal “support” this morning.)
$F weekly chart
$F monthly chart