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…
Tagged $PUI
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…