A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
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...
4 minutes ago