|Day Low/High||66.40 / 67.62|
|52 Wk Low/High||62.03 / 94.63|
A weekly close below $80 for Consolidated Edison will embolden the bears.
Utilities have greater income and less risk than most of the other bond-equivalent stocks.
My economist side would clearly prefer a rules-based approach toward monetary policy.
Get your plan in place, but understand that the Republic is not in jeopardy.
Investors might want to be cautious with these stocks, ranked a 1 on the S&P STARS scale.
Thermo Fisher is looking bullish, while Blue Buffalo goes the other way.
Be cautious for now, but be ready to put some of that mad money to work in higher-yielding, all-domestic equities.
Charting the best buy points for Amazon and Facebook, plus thoughts on Con Ed.
We can see that price momentum has been weakening the past three weeks.
TheStreet’s Jim Cramer says the search for yield has sent investors into utilities stocks, and it’s why Action Alerts PLUS owns American Electric Power.
The electrics have been crackling, but the group has more downside risk than currently perceived.
Traders and investors could buy Consolidated Edison at current levels and buy more on a close above $68.
The former has had a nice run, but the latter offers better growth prospects and a lower valuation.
Many consider utilities the 'front end' of the market, and we should monitor them for clues to the overall market and cyclical turns.