Browse Symbol Stacks: XLU: slopechart_XLU.jpg

slopechart_XLU.jpg

Looking for a reason to get long XLU? Unbroken 5 year trend line and horizontal support at @47.

Image added via SlopeCharts
slopechart_XLU.jpg

Comments

dimedime
The SPDRs site for XLU shows a 30 day yield of 3.66% which is only 73 basis points over the 10 year Treasury yield of 2.93% ... not much of a risk premium. I would imagine the yield should match closer to a corporate investment grade yield around 4% like LQD , unless investors are expecting to see some decent earnings growth in utils in the year ahead.. 6/10/18
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