The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
LKQ (NASDAQ:LKQ) Hits New 1-Year Low Following Weak Earnings
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LKQ Co. (NASDAQ:LKQ – Get Free Report)’s stock price hit a new 52-week low
during mid-day trading on Wednesday following a weaker than expected
earnings an...
28 minutes ago