A Mean-Reversion Play Power generators like NRG and PNW have been quite beaten down lately, mostly because of surging oil and natural gas prices as we head into winter. NRG is .8 standard deviations below its mean, with 82% upside to its median price multiple of the last 3 years. PNW is currently trading about 3 standard deviations below where it usually trades...
Second test of the 200 dma for the utilities and what comes next ? Obvious prior tests of 200 dma have led to nice rallies will we see the same this time ? Utilities are notoriously defensive stocks held as last resort for safety and yield My thoughts are stay patient and don't be a cowboy for now lots of stocks in this sector are showing a lot of weakness...
Company Description: SABESP provides public water and sewage services to residential, commercial, industrial and governmental customers in the City of Sao Paulo. Analysis: 1. Candles near strong support. 2. RSI Oversold. 3. MACD on its down side. Flashing black and may be losing its recent downtrend momentum. 4.Previous High isn't broken. However, I do see that...
Guidance & Growth NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million. NRG has a very compelling value proposition, a...
***THIS IS NOT FINANCIAL ADVISE. DO YOU OWN RESEARCH AND FORM YOUR OWN CONCLUSIONS.*** Historical Preface: Having just come off an update on policy from a (un-surprisingly) hawkish federal reserve, it's been said that rates are unlikely to rise precipitously until 2023. The news of unlikely tapering sent many of the utilities stocks into a sharp short-term...
Basic Facts: Southern Company is itself a holding organization who owns all of the Common Stock for Alabama Power, Georgia Power, Mississippi Power, and Southern Gas; all of which are publically operating utilities. Southern’s other holdings include Natural Gas Distribution, Marketing, Wholesale services, and pipeline investments. Growth Factors: The total...
The Healthcare sector, Utilities sector, and Transportation sector - here represented by the S&P Health Care Index (S5HLTH, in blue), Dow Jones Utility Average ( DJU, in purple), and the Dow Jones Transportation Average (DTX, in orange) - do not usually act as early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in...
The Healthcare sector and Utilities sector - here represented by the S&P Health Care Index (S5HLTH, in blue) and Dow Jones Utility Average (DJU, in purple) - do not usually act as early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... except perhaps for DJU falling from a peak in Jan 2015, and in Dec 2017.
Dow (DJIA) - NASDAQ (IXIC) divergence since June 7, sectoral study PART 1. Consumer Staples tracking the DJI downwards.
I love an underdog! This has been underperforming this year but seems consistent and ready for a tune up!
Defensives have been outperforming the S&P 500 since March. If you believe the outperformance will continue, then now might be the time to buy, as they are approaching the support line. I'm particularly watching utilities. In addition to being a classic defensive sector, utilities also have "growth" potential. They had a period of strong outperformance a...
The potential of the coin is amazing. We have a weekly stoch RSI cross forming. Weekly stoch RSI is a very powerful signal. ANKR current statistics - Ranked #97 - Already on Coinbase & Binance - Ankr marketcap is 750 Million - 6,996,232,711 out of 10,000,000,000 circulating supply Lets compare marketcaps... Vechain is worth $8 Billion Matic is worth $12...
AMEX:XLU We are closing above the volume weighted moving average. More upside to come.
GE General Electric looks bullish with this continuation pattern. We can see a 2 falling wedges within a falling wedge. Check out my Youtube Page for more details on the markets I covered GE recently in a video. The fundamentals look pretty solid as well this one should do well short and long term.
BITTREX:VTCBTC This is merely a thought experiment and should not be taken as investment advice.
Cypher harmonic pattern targets: AB=0.61 XA BC=1.41 AB tp1=0.78 XA=$0.74 tp2=1.27 BC=$0.87 tp3=2 BC=$5.1 other possible targets: tp1=0.88 BC=$0.34 tp2=1.6 BC=$2
After a long incomplete takeover process MINT is bouncing on its long average to potentially go to new valuations that it deserves, being largely underrated
Graphically following the previous bull traps, this one could have the same behavior. In fundamental analysis, it could reverse its trend and go far beyond with the new major contract signed .