Stocks Shooting Warning Flares: Harley Davidson (HOG) Harley-Davidson Inc (NYSE: HOG ) shares are down 2.9% as I write this, dropping out of a three-month consolidation range and falling away from its 200-day moving average. Source: Day Donaldson Via Flickr To the surprise of many, she walked back the impression the Fed was growing increasingly hawkish by noting interest rates wouldn't have to rise all that much further to get to a neutral policy stance. She maintained the belief that recent inflation weakness was driven by one-off factors and that "quantitative tightening" balance sheet normalization would begin soon.