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XLU
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UTG: Utility Fund With 8% Plus Income For The Long Term
Reaves Utility Income Trust is a Utility sector-specific closed-end fund that invests in utilities and communication companies. The fund currently provides a reasonable yield of 8.0% plus and uses a moderate level of leverage. UTG has a decent long-term record but has performed poorly recently. There are tailwinds that will likely help this fund going into 2025.
Seeking Alpha · 3h ago
S&P 500 falls nearly 2% for worst week since mid-April as traders shun big tech
S&P 500 falls nearly 2% for worst week since mid-April as traders shun big tech stocks. The benchmark index is now down 2.90% from its all-time high of 5,669.67. The S&p 500 retreated 1.97% for the week to end at 5,505.00 points. The primary driver of this week's loss was a rotation out of technology stocks.
Seeking Alpha · 1d ago
S&P Big Tech ETF paces decliners as S&P 500 heads toward worst week since April
S&P Big Tech ETF paces decliners as S&P 500 heads toward worst week since April. Big Tech on the S&p 500 (SP500) is headed for its worst weekly performance in three months. The Nasdaq Composite and the S &P 500 are in line for their sharpest weekly losses since mid-April.
Seeking Alpha · 2d ago
What to Expect From AES' Q2 2024 Earnings Report
The AES Corporation (AES) is a diversified power generation and utility company in the U.S. And internationally. The company is expected to announce its Q2 earnings after the market closes on Thursday, Aug. 1. Analysts expect the company to report a profit of $0.27 per share. AES stock is down 10.9% on a YTD basis.
Barchart · 2d ago
Eversource Energy's Quarterly Earnings Preview: What You Need to Know
Eversource Energy is expected to announce its fiscal Q2 earnings results after the market closes on Wednesday, Jul. 31. The company operates in the energy delivery sector and supplies electricity, natural gas, and water. Over the past 52 weeks, ES has declined 15.6%, underperforming the S&P 500.
Barchart · 2d ago
What You Need to Know Ahead of Consolidated Edison's Earnings Release
Consolidated Edison, Inc. Is a leading provider of regulated electric, gas, and steam services in New York City and Westchester County. The utility company is expected to announce its Q2 earnings after the market closes on Thursday, August 1. ED stock is up 3.5% on a YTD basis.
Barchart · 2d ago
Pinnacle West Capital Earnings Preview: What to Expect
Phoenix, Arizona-based Pinnacle West Capital Corporation (PNW) provides retail and wholesale electric services primarily in the state of Arizona. The company is expected to announce its Q2 earnings before the market opens on Thursday, August 1. PNW stock is up 14.24% on a YTD basis.
Barchart · 2d ago
What to Expect From Alliant Energy's Next Quarterly Earnings Report
Alliant Energy Corporation (LNT) is expected to announce its Q2 earnings after the market closes on Thursday, August 1. The company is a utility holding company providing regulated electricity and natural gas services in the U.S. LNT stock has rallied 7.2% on a YTD basis but failed to outperform the broader market.
Barchart · 2d ago
Sempra’s Quarterly Earnings Preview: What You Need to Know
Sempra (SRE) is a leading energy infrastructure company serving nearly 40 million consumers. The company is set to announce its fiscal Q2 earnings results on Thursday, August 1. Shares of Sempra have surged 4% on a YTD basis. Analysts expect the utility giant to report a profit of $1.03 per share.
Barchart · 3d ago
What to Expect From CenterPoint Energy's Q2 2024 Earnings Report
CenterPoint Energy, Inc. (CNP) is a public utility holding company based in Houston, Texas. The energy company is expected to announce its fiscal second-quarter earnings for 2024 on Tuesday, July 30. Analysts expect CenterPoint Energy to report a profit of $0.35 per share. CNP stock has edged up marginally on a YTD basis.
Barchart · 3d ago
UTF: A Generational Shift In Energy Demand Will Benefit Utilities
Cohen & Steers Infrastructure Fund offers investors a monthly dividend with a diverse portfolio of utility and infrastructure investments. The fund's top three holdings are American Tower Corporation, Southern Company, and NextEra Energy. The United States is unprepared for the coming generational shift in energy demand.
Seeking Alpha · 3d ago
Wall Street Lunch: Rotation Gains Traction
Seeking Alpha · 3d ago
Industrial Production In June 2024: Another Win For Soft Landing
Seeking Alpha · 4d ago
Southern Company’s Q2 2024 Earnings: What to Expect
The Southern Company (SO) is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Thursday, Aug. 1. The energy company has outperformed the S&P 500’s 17.5% gains on a YTD basis. The company is the parent company of Georgia Power and has two nuclear reactors in Georgia.
Barchart · 4d ago
Here's What to Expect From DTE Energy's Next Earnings Report
DTE Energy Company (DTE) is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Jul. 25. DTE stock has underperformed the S&P 500’s 17.5% gains on a YTD basis. Analysts expect DTE to report a profit of $1.21 per share for fiscal 2024.
Barchart · 4d ago
The Dividends Don't Matter In Retirement, Either
Dale Roberts: Dividends don't matter in the accumulation stage, focus on total return for greater retirement income. A dividend is a removal of value, not a creator of value. Total return and risk level are crucial for portfolio success in retirement. Stocks are the growth driver in retirement, not the dividends.
Seeking Alpha · 4d ago
Dow Rallies To All-Time Highs, Small Caps Outperform Tech, Gold Hits Records On Heightened September Rate Cut Bets: What's Driving Markets Tuesday?
Blue-chip stocks and gold break their all-time highs on Tuesday. Dow Jones Industrial Average surged to 40,800 points, marking its best day since late May. Small caps have posted their fifth consecutive day in the green. Fed futures indicate a 100% probability that policymakers will cut interest rates in September.
Benzinga · 4d ago
Magnificent 7 is the most crowded trade, utilities most OW since 09’ - BofA’s FMS
Magnificent 7 is the most crowded trade, utilities most OW since 09’ - BofA’s FMS. 71% of investors think "Long Magnificent 7" is most crowded. Investors are overweight utilities for the first time since February 2009, the Bof a Securities Global Fund Manager Survey says.
Seeking Alpha · 5d ago
SPY flows last week: money flows to all sectors, except industrials
Seeking Alpha · 5d ago
The Utilities Select Sector SPDR Fund Experiences Big Inflow
NASDAQ · 5d ago
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