Why Harley-Davidson (HOG) Dropped And What Investors Are Watching

Larry McDonald recently argued that the S&P 500’s record highs mask an internal “crash,” pointing to Harley-Davidson (HOG) as a consumer brand under pressure despite the broader index strength. Harley-Davidson’s share price has slipped in the short term, with a 1-day move down 3.01% and a 7-day share price return down 0.52%. The year-to-date share price return of 29.65% sits against a 5-year total shareholder return down 18.96%, suggesting recent momentum has not erased longer term weakness...