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…
Tagged $IDU
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.…
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…
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.…