Utility Sector: Sell Signal

Our Utility Sector trading model has produced a sell signal. 

We first went bullish on the Utility Sector on April 2, 2012 (“Utility Sector: Positive”),  and in this article, I presented the mechanics of this strategy.  There was a second article written on April 27, 2012 entitled “Looking for Safety: Check Out Utility Sector”.  Since the initial “call” and through Friday, the Utility Sector is up nearly 6%.  Over the same time period the SP500 is off by 3.7%.

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Category: Equities