Tuesday, July 24, 2018 8:07 AM EDT
Utilities Fall As Yields Rise
Treasury Bond yields began to rise yesterday. This will hurt interest rate sensitive stocks and ETFs. So this morning we take a look at Utilties via the largest ETF in the Utility space, XLU. More...
U.S. futures: S&P +6.50, Dow Jones +106, NDX +14 and Russell 2000 +3.50 with fair values lower. Asia and Europe higher. More...
Today's Superstock Investor Stock Scorecard:
CHUBB CORP (CB)
Chubb (CB) is down from $155 to its current price of $133.94. The stock from two years ago is up $8 so it is underperforming the S&P 500. The dividend is $2.92 making the yield 2.19%. So we get paid to own the stock. More...
Articles That Matter:
Russia Is Hacking Into The Utility Grid
Russian hackers apparently are not just trying to get into the voting booth. They are hacking into our utility grid. In listening to the morning news, this story is being ignored which is rather amazing. This will take up the pressure on Russian President Vladimir Putin. More...