|Day Low/High||85.15 / 85.84|
|52 Wk Low/High||74.80 / 94.21|
We could have some real pain ahead for some stocks. Five different kinds.
The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
I think investors deserve much better than to say that there's no opportunity for income in this market.
While I have a couple reservations about some divergences, overall, the charts of NEE look constructive.
The utility industry appears poorly insulated from the Covid-19 shutdowns and lockdowns, and shares of AEP could weaken more, according to the charts.
Disney's trajectory could provide a blueprint for the reopening of travel and leisure -- and how investors react.
You can use these wild market swings to your advantage by identifying 'safe' companies you want to own and then buying their stocks in stages.
Let's check the charts of AEP to see if money managers still consider utilities a safe haven.
To give up hope for a cure is to make a bet against the smartest people in the world.
The answer to that question depends on several factors, so let's break them down.
These companies all could be strong -- even if the 2019 nCoV fear spreads.
But FHN bank CEO Bryan Jordan faces a big challenge in getting investors to recognize that fact.
While Dominion Energy and ConEd each yield more, American Electric Power shows a strong potential upside price target.
You asked for it, so here it is: This is where to put your money if the conflict with Iran gets out of control.
As people rely more and more heavily on their devices, they also rely on electricity, which is why American Electric Power looks attractive even during a downturn.
Let's check out the charts of AEP to see if the rally is renewable.
Dow chemicals are finding a bottom, higher-yielding stocks are trading well, macro is improving and the consumer is getting stronger.
Right now, AbbVie is the best way to capitalize on the moment and on the future.
These stocks and sectors are safe havens, and may even be opportunities.
We have enough clues to look for a decline to this key level.
We can only hope that Fed Chairman Jay Powell is checking in with power companies and other industrials to see how tariffs are really decking parts of this country.
Mutual funds and ETFs are particularly well suited for those seeking to add global exposure to their portfolios.
Now may in fact be the time to consider more defensive areas such as utilities.