NEW YORK, NY / ACCESSWIRE / June 18, 2018 / U.S. market plunged on Friday, but well-off session lows as investors appeared to look at previous signs of escalating trade tension between Washington and Beijing. The Dow Jones Industrial Average fell 0.34 percent to close at 25,090.48, while the S&P 500 Index declined 0.10 percent to close at 2,779.66. The Nasdaq Composite Index shed 0.19 percent to close at 7,746.38.

According to SlateStone Wealth chief investment strategist, Robert Pavlik, "People are worried that the trade issue could turn into something much more serious. It's obviously never good to think you could be entering a trade war with another major economy, and it brings a lot of uncertainty to the equation." "That being said, people are still hopeful that this is a lot of chest pounding and negotiation tactics, as opposed to something more lasting. The market could be in a position to give something back if this persists, but unless things really escalate, I don't think that will last," Pavlik added.

RDI Initiates Coverage on:

Camping World Holdings, Inc.
https://rdinvesting.com/news/?ticker=CWH

Harley-Davidson, Inc.
https://rdinvesting.com/news/?ticker=HOG

Camping World Holdings' stock jumped 4.75% Friday, to close the day at $24.68. The stock recorded a trading volume of 2,318,005 shares, which was above its three months average volume of 2,228,793 shares. In the last year, Camping World Holdings' shares have traded in a range of 18.16 - 47.62. The share price has gained 35.9% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $22.73 is below its 200-day moving average of $35.26. Shares of the company are trading at a Price to Earnings ratio of 169.04. Shares of Camping World Holdings have gained roughly 12.23 percent in the past month and are down 44.82 percent year-to-date.

Access RDI's Camping World Holdings, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CWH

On Friday, shares of Harley-Davidson recorded a trading volume of 4,921,613 shares, which was above the three months average volume of 2,173,650 shares. The stock ended the day 3.94% higher at $45.94. The share price has fallen 19.33% from its 52 week high with a 52 week trading range of 39.34 - 56.95. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $41.88 is below its 200-day moving average of $46.01. Shares of the company are trading at a Price to Earnings ratio of 15.38. Shares of Harley-Davidson have gained roughly 7.92 percent in the past month and are down 9.71 percent year-to-date.

Access RDI's Harley-Davidson, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=HOG

Our Actionable Research on Camping World Holdings, Inc. (NYSE:CWH) and Harley-Davidson, Inc. (NYSE:HOG) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com