Hercules Kilowatt
Image Source: Pixabay
I’ve never been so wrong about a pattern as I was about the Dow Utilities earlier this year. This diamond was straight out of Technical Analysis 101. It was beautiful.
Little did I know that the market would swallow, hook, line, and sinker, the notion that the greatest AI trade out there was electrical companies. But 2024 is the year of the Utilities……….
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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