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FedEx Corp

|Includes: FedEx Corporation (FDX)

As a general rule, transports are the place to be as you head into an economic recovery. But FedEx shares have soared 70% from their March lows. The Dow Jones Transports are up 58%. So FedEx shares might have gotten a little ahead of themselves.

Just shorted the July $60 call on FDX at $2.60.