XLU Potential Breakout Analysis
AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector.
Why Utilities Sector?
The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during...
This vanguard fund appears to have broken a bearish down trend and has broken past the 200 day EMA. Order blocks show some strength near this level. If you are bullish, you can even use UTSL for a 3x leverage play on this sector.
... for a 60.31 debit.
Comments: For lack of something better to do, looking to grab the March dividend here, which should be in the vicinity of .60/share.
The top 5, options liquid dividend-yielding ETF's are: EWZ (10.90%) (paid twice a year in June and December); EFA (5.27%) (paid twice a year in June and December); XLE (3.78%) (paid in March, June,...
Sold the 58 strike on XLU yesterday afternoon.
It hit a weekly level and looked like it wanted to stop selling with small candles on the down move.
Kind of in between the higher time frame declining -1 sig and the rising -1 sig with the best inflection point on VWAP. It's that weekly rejection that I'm anticipating happening.
The strike is positioned at 58 which...
Very nice low risk buy in AMEX:XLU here, upside is substantial vs risk.
The trend signal here predicts upside for 7 weeks or less, until $71.30 is hit, as long as the stop loss area is not reached (below $61.97 in this case).
You may use this sector ETF signal to research individual names that might have higher reward to risk or interesting fundamentals as...
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 considerable market movement.
Amidst of all that, it broke below the...
Utilities 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 stocks. They are basically the most consistent and boring stocks you...
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 behaving relative
to each other. One of the many great features of...
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:
Beginning of 2022 the Fed starts easing rates higher and begins...
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 july 26th it has a classic ABC decline and it is now 70.2 days long...
We 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
The 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-term loans during periods of low interest rates to cover cash...
Top 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%
Sempra Energy
4.85%
Exelon Corp
4.38%
American Electric Power Co...
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. DXY is ready to Rocket
4. Nvidia earnings after hours...
Boring is better in a recession. Fed Chair reaffirmed his steely resolve to fight inflation. In short, he wants to break the back of inflation "at any cost" to subdue it down to Fed’s target of 2%. Soft-landing is desired. But overcorrection to fend off sticky inflation could tip soft-landing into a hard one.
In a recession, economic activities shrink resulting...
