Bob Karrow
UTIL- still no crossover of the 10EMA/12EMA.
Could we see new highs?
Won't let me link charts. Go to stock charts and find Bob's charts ...its the first chart.
Edited by MDurkin, 26 October 2022 - 03:21 PM.
Posted 26 October 2022 - 03:16 PM
Bob Karrow
UTIL- still no crossover of the 10EMA/12EMA.
Could we see new highs?
Won't let me link charts. Go to stock charts and find Bob's charts ...its the first chart.
Edited by MDurkin, 26 October 2022 - 03:21 PM.
Posted 26 October 2022 - 04:14 PM
Posted 26 October 2022 - 05:36 PM
Just tell me what you think.
You are a good investor here.
The last 3 times the chart inverted- 2 times we were 1 year out from a top in the market. 2001 was the other time and had already topped in 2000.This with the UTIL not following the other indexes on a monthly basis(10EMA/12EMA crossover) gives me pause. I do think Treasury's will be the next good trade- just not yet.
Posted 27 October 2022 - 12:16 AM
I have my eye open for Treasuries in first half of 2023.