UTILITIES SEL (XLU)

Energy’s outperformance is usually a late-cycle indicator. In other words, it’s a sector that usually does best when stocks are declining into a low, versus coming out of a low. 

Wall Street soared Monday, kicking off the week in full risk-on mode as investors welcomed signs of easing trade tensions and stronger-than-expected economic data.

Trade tensions, Fed shifts, and weakening sentiment create stormy global economy. JPMorgan's Kasman predicts 40% chance of 2025 recession, spurring ETF shifts. Fed's stance and trade policy key factors.

Goldman Sachs analyst reaffirms Buy rating for NextEra Energy with $94 price forecast after company's Development Day highlighting renewable solutions.

The development raises concerns that the utility did not take sufficient preventive measures ahead of the deadly wildfire in Eaton, Los Angeles.

It’s important to realize that some of the biggest rallies in stocks often occur during bear trends. These come from short squeezes.

The report says that Southern Califonia Edison is conducting an internal investigation to look into an idle power line near the Altadena neighborhood, which isn’t supposed to be connected to the primary grid, as the source of the Eaton fire.

The US stock market fell on Thursday, Mar. 13, closing 10.1% below its previous peak, a decline that many analysts define as a “correction,” which is a slide ranging from 10% to 20%.

The CPI and PPI releases this week came in more or less at estimates - nothing to alarm the talking heads, anyway. They show inflation slowing down but not receding.

Against this backdrop, the S&P 500® exhibited striking bouts of intraday volatility yet finished the month in negative territory.

In this market, at this point, we can safely say the hogs have been slaughtered.

Bond market is warning of economic slowdown, causing investors to shift towards defensive assets like ETFs that focus on stability and essential industries.