OVERBOUGHT OVERSOLD | January 25, 2018
Utility Stock Bargains
See why utility stocks and funds could be near a bottom.
Since November 15, 2017 the S&P 500 (SPX) has risen 9.8%, while utility stocks, as measured by the Dow Jones Utility Average (DJUA), have declined 12.3%. Analysis of weekly and daily trends provides evidence that the DJUA could be near a bottom. The Utility sector could soon join the manic rally in US stocks.
by Mark Rivest
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