Looks like utilities are crashing with the rest of the market even though they are thought of as a defensive play.
Utilities had a huge move to the upside a while ago and I guess everything pays the dueseventually.
XLU is trading in the same pattern and the 1.113 is at 62.38.
No recommendation.
Utilities had a huge move to the upside a while ago and I guess everything pays the dueseventually.
XLU is trading in the same pattern and the 1.113 is at 62.38.
No recommendation.