XLU vs SPX. Good or bad?In the past, when we touch the bottom of the channel it marks a local top and we go down from here.
Will this scenario repeat?
Key stats
About SPDR Select Sector Fund - Utilities
Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.10%
Home page
Inception date
Dec 16, 1998
Index tracked
Utilities Select Sector
Management style
Passive
ISIN
US81369Y8865
XLU, a hugely popular fund, only invests in utilities companies that are included in the S&P 500. This is both an advantage and a weakness. The fund dominates its segment, with huge assets and volume, but it's also more concentrated in a handful of large firms. Competing utilities ETFs offer broader exposure to the full market-cap spectrum, meaning XLU is not the best Fit to our neutral utilities sector benchmark. Still, XLU is a solid choice for exposure to the segment.
Classification
Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
Utilities
Stock breakdown by region
XLU Utilities making a clear statement to Sellers.Utilities (XLU) almost hit this month the Higher Lows trend-line that has been holding for exactly 21 years (since October 2002) and immediately responded with a strong rebound that has already turned the 1M candle green. All this price action taking place in less than 2 weeks, which indicates consi
XLU - Hold Utilities for ConsistencyUtilities are basically yesterday's tech stocks. In the late 1800s, the stock market ditched railroads and moved on - to utilities. In fact, there was a time where speculation ran rampant and panics were set off based on the movement of utility stocks.
Today, utilities are the opposite of tech stoc
XLU Utility ETF Is Signaling DANGER!?One of the major mistakes i have seen economists make is to not understand
the importance of markets. They are not traders or investors. As such they
lose a great deal of insight by not putting their hard earned money at risk.
I have indexed XLU AND NDX to get an accurate reading how they are behav
XLU & NEE - What happened to utilities?This has been a rough month for utilities. We might be due for a slight bounce, but this sectors regulated pricing, dependence on debt, and previous attraction to income investors (now better served by treasuries) are all likely to be ongoing headwinds.
Some key shifts in trend are highlighted:
A MAJOR BOTTOM is now setting up 54 handle or the alt 51 BUYING The chart posted is the of the XLU we had a very clear 5 waves up from oct 2002 and we are nearing the long term trendline 21 yrs long and a .382 retracement . it has dropped in the form of an abc decline and a triangle to form wave X or B I tend to view it as an X since the peak on ju
MAJOR LONG TERM SUPPORT LINE COULD BE BROKEN SOONWe are very close to a breaking of a 21 year trendline MY fib work says we will btw and we should see a panic drop to about a 50/51 handle god help us if we break this target
XLU: how the Fed's interest rate hike affected utility stocksThe stock market is currently experiencing the adverse consequences of the US Federal Reserve's decision to hike the interest rate, with the Public Services sector taking a particularly hard hit. Public services, being typically the last to be paid by citizens, compelled companies to rely on short-t
Symmetrical TriangleTop line slopes down and bottom line slopes up.
Price broke down from the triangle and met target 1.
Doji/indecision at support today.
No recommendation.
This seems to move down when Teck/market is in an upswing and vice versa.
NextEra Energy Inc
14.83%
Southern Co
8.12%
Duke Energy Corp
7.75%
Semp
Crash Incoming finally?Stock Market Crash begins this week??
Looking at Utilities.... they are perched on the same trendline before they crashed in 2002 and 2008...
Reason it could start tomorrow after hours....
1. Crashes usually happen when your oversold... We are right now
2. Bonds are in position for a crash
3. D
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