trend for the last 4-1/2 weeks to ALL utilities is horrible. the trend is down and down hard. interest rates are stable, Fed not responsible, treasuries flat. why is there all this insitutional selling going on? appears to be hedge funds and mutual fund selloff. no let up. i've not found anything as to why utiity sector is taking such a beating. surely the Ukraine crisis is not responsible.
anyone know anything definitive?
will be posting this message on other utilities i own... WEC, LNT, EXC, ED, and POM