you idiot. you attribute everyone who mocks you to me??? face it, you are extremely disliked for who, and what, you are. a low rent loser.
PLOW is down 10% since july 7th. horrible. way underperforming the dji. not sure why other than speculation must be the opposite of your post regarding earnings or there wouldn't be this radical selloff. where do you get your info from? you have a link to provide?
"American men lead the world in stupidity when it comes to issues affecting the world!!"
you don't like men only because they don't like you. you sure try hard enough to find one - even trolling for one on Yahoo finance boards. ugh.
but hey, if a woman ran for president, i would indeed vote for her. you wouldn't have to pay her as much.
the whole utility sector has been pounded for 3 weeks. when the market is up, utilities are down. when the market is down, utilities are crushed.
institutional selloff is going on nearly every trading day. no utilities are spared. horrible run.
this whole sector is out of favor. doesn't necessarily seem to any "real" news for it. interest rate fears are same old same old. Fed is not rocking the boat. inflation is low and stable. treasuries are relatively flat. nonetheless, hedge funds and mutual funds are divesting themselves of utility stocks. not energy per se but focused on utilities specifically.
am not going to sell off now. have 6 utilities in my portfolio. hoping to trim prior to earnings reports as energy consumption is down. earnings will be too. maybe that is the reason for the dump.
i think some of it may have come from me. i shoulda jumped in harder and quicker. in at $18.77 this time around.
smitten, no time like now. i am in at nearly 3% my stock portfolio and expect the earnings rept to be good. that will only increase your buy in costs.
i like this risk.
"Nuclear and NG will become the base load energy source in North America.
Coal is Dead and Oil is too unreliable due to world wide unrest ...."
that has been said for many years now. in the meantime, coal companies have tanked yet oil companies flourish. don't look for EXC to be a mover and shaker. nice yield but pounding to PPS. no, i gotta give EXC a hold at best. i certainly won't increase this position.
thx for the reply. no, not panic but concern. have done well with utility sector for both yield and capital gains but that doesn't mean i rest on laurels.
i also see earnings impacted by cool weather. however, i am well diversified in the utility industry and pounding hit from LNT to D. no exceptions i could see.
i see no one responded. the pounding continued and got worse since your post. i messaged 3 other boards this past week wondering the same thing. i got nothing tangible, nothing definitive. i do know that institutional selloff was going on nearly every day. just don't know why.
interest rate fears seemed "normal". inflation remained stable. treasuries remained relatively constant. no earth shaking news from the fed. still in all, utilities took a beating while DJI continued to climb.
i don't get it....
bet you had nice capital gains. i too sold off but bought back in 3 weeks ago and then have popped with the pounding utilities have taken the last couple weeks. you timed it well.
yep. CMI has done very well for my portfolio over the last couple years. my only regret is that i should have been more aggressive and bullish when i bought or - should have increased this position. the modest yield put me off.
utilities are just getting hammered for the last 3 weeks. day after day and unrelenting. i see no driver with inflation fears, interest rates are stable (just the usual garbage speculation), the fed is positive, treasuries are flat. just haven't seen any speculation on why institutional buyers are selling - but they are.
quite disconcerting with DJI avg at record highs. sure don't like this adversarial relationship and, if the market drops, i would expect utilities to get crushed.
i don't see any major earnings fears...A moderate summer in midwest but south is sweltering, east is warm and west is same.
utility debt is high.
the hammering is across the whole utilities sector and not company specific. yields are not coming close to covering capital losses.
i own too many utilities and realize my error. i have stocks in 6 and they total a wee bit over 17% my stock portfolio. that percentage has me underperforming the markets. at least for the last 3 weeks.