DHL & Mærsk dirt cheap, JB Hunt & Robinson out of whack
Waves and cherry picking
It may mean very little, as certain stocks in pre-market/after-hours trade can be subject to heavier selling (and buying) than others, but the latest trading action of XPO Logistics caught my attention after the market closed on Tuesday in what appears to be a logistics market on steroids given the valuations of most companies on my radar (expect more on this topic later).
The chart below should be self-explanatory…
… although there hasn’t been any market-related train wreck, really bad news and/or scary ...
Comment on this article