Strength beneath the surface has been the defining feature of this tape lately. While headlines focus on index levels, capital has quietly rotated toward names showing persistent accumulation and structural momentum rather than short-lived spikes. That kind of behavior tends to show up first in stocks tied to real economic throughput, where institutions can build positions without drawing attention. It’s the sort of action that doesn’t shout — but it rarely goes unnoticed for long.
One name fitting that profile right now is FedEx (FDX). The stock continues to trade above its key short-, intermediate-, and long-term moving averages, reinforcing a well-defined uptrend that has already carried it to multiple new 52-week highs. What stands out most, however, is the behavior of On-Balance Volume: OBV began curling higher back in September and has remained in a steady ascent ever since, signaling consistent institutional accumulation. Price followed shortly after, and the fact that OBV continues to trend higher suggests demand remains active rather than exhausted.
Curious where the next big trades are setting up? Our flagship Optioneering Newsletter breaks down the best weekly opportunities we’re seeing — and you can try it for just $1 to see why readers don’t miss an issue.

From a trade construction standpoint, this is the type of environment where directional exposure can be expressed cleanly through call options or other defined-risk setups. With earnings still well ahead and implied volatility relatively muted, option pricing remains reasonable for traders looking to participate without overpaying for time. In fact, at current levels, one available call structure offers roughly 121.2% upside potential if FDX were to advance 10% by expiration — a way to stay aligned with the trend while keeping risk clearly defined. As always, the idea isn’t prediction, but positioning alongside strength that’s already being confirmed by the tape.
If you’re looking to sharpen how you spot and act on these kinds of opportunities, this is exactly the type of setup we focus on inside our Power Hour Strategy. The most meaningful institutional moves tend to surface in the final hour of trading, when positioning becomes most transparent. You can access our free guide and learn how to identify and track those moments — the same ones professionals quietly use to stay ahead of the curve. Click here to claim your FREE Power hour guide!
Wishing You the Best in Investing Success,

Blane Markham
Chief Trading Strategist
Have any questions? Email us at support@markhamtrading.com
*Trading incurs risk and some people lose money trading.
Recent Comments