
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…
(Source MarketWatch)
… although there hasn’t been any market-related train wreck, really bad …