Unstoppable Utilities

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In the midst of a generally strong market, one sector which is especially – – and relentlessly – – strong is Utilities. Below is the Dow Jones 15 (better known as the Utility Index), and even over the course of the past decade, it has steadfastly marched within its ascending channel, and the most recent four years with an even more pronounced angle.

Looking closer, you can see it seems poised for yet another breakout. The public thirst for the safety, security, and strength of this sector seems unquenchable.