Today, we wrap up our mini-series on divergences among the Dow Jones indices. In previous installments, we learned that large negative divergences on the part…
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Dow Divergences Part 2: Utilities
This is part 2 of our series (or mini-series…TBD) on divergences. As we stated yesterday, divergences (in which one index achieves a new high whereas…
Bond/Utility Divergence a Warning Sign…for the S&P 500?
Given their relatively high yields, utility stocks have long been thought of as proxies, or at least competition, for bonds. And while that relationship is…
Utility Sector Testing Key Near-Term Support Level With a gain of roughly 26% last year, the utilities were one of the best-performing sectors in 2014.…