The charts are bullish on the utilities sector and this industry member breaking out

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Talen Energy Corp News

Duke Energy Corp,Nextera Energy Inc,Pinnacle West Capital Corp

Todd Gordon breaks down the charts on utilities and Southern Company.

Utilities are traditionally thought of as a defensive sector that attracts capital seeking a safe haven from broader market volatility that also pays a reliable dividend. Conventional market wisdom of market behavior advises us to never say 'this time is different' . Nvidia CEO Jensen Huang has said that we are at the start of a new industrial revolution, referring to the massive hardware and software buildout as we enter the age of artificial intelligence.

Click here for the full disclaimer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines