Dec
11

SGG, XLU, FAA

SGG, XLU and FAA are a few securities making technical moves higher today.

 

es_002

It is 3:45 ET and the market has not broken out of its overnight range.

sgg

We did get a nice little breakout on Sugar (SGG) today.

xlu_004

Utilities, which have generally underperformed this year, continue to run higher even as the market remains range bound. There may be some wiggles before it gets there, but it looks to me that with today’s move XLU is on the way to $34. I own this in my retirement account and the truth is I just want it to stay above $30 so that I can collect some yield. Everything else is gravy.

faa

Airlines (FAA) breaking out today.

More on this topic (What's this?)
Earnings Growth Estimates (Short-Term Trading, 3/13/09)
Read more on Select Sector SPDR Fund - Utilities at Wikinvest
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  • danny42nd
    hello Mr. c&c
    time for joy and sharing, god bless you and your family
    thanks for your time and concern. stay healthy
    thanks
    danny
  • Thank you Danny. Wishing you the best over the holidays.
  • FAA - it's about time. Interesting that so much is so uncommitted. Is Santa going to show himself this year or did the Grinch win?
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