Here are some of the most noteworthy new highs and lows across the markets for Friday, January 17, 2020. The “Average” Stock Is Breaking…
Tagged $^DJU
Finding Marginal Utility Still In The Stock Rally (UNLOCKED-PREMIUM)
Utility stocks may be setting the stage for the next phase of their rally. When it comes to investment selection, we espouse the relative strength…
The “Other” Dow Theory Is Waving A Red Flag
While the Dow Industrials remain near all-time highs, the Utilities are well off of their highs; this has signaled trouble in the past. …
Road Map Says Utility Stocks Better Stop Here
Utility stocks have been conforming very reliably to charting analysis; if that trend continues, the chart says they better stop dropping now. We’ve discussed in…
Utilities Continue To Follow The Road Map
Utility stocks have been unusually responsive to key chart levels recently. As money managers who rely quite a bit on the charts, it’s always comforting…
Dow Industrial-Utility Divergence A Warning — For Bears?
While the Dow Utilities continue to make 52-week highs, it’s been over a year since the Dow Industrials did the same; historically, that has not…
Still Finding “Utility” In Defensive Sectors
After breaking out to an all-time high last month, the Dow Jones Utility Average rebounded successfully off its first test of the breakout level. Just…
Utilities Winning By Not Losing
While the broad stock market has been getting hammered, the utility sector hit a 52-week high this week – and achieved a significant relative breakout.…
Utility Stocks Testing Long-Term Uptrend
This is a quick and simple post on the Dow Jones Utility Average (DJU), which is testing a clearly defined UP trendline from its lows…
Dow Divergences Reaching Historic Levels
Since 1929, the Dow Jones Industrial Average has rarely ever been so close to a 52-week high while the Dow Transports AND Dow Utilities were…