FUNDAMENTALS, INVESTING, STOCKS, TRADING

Dominion Zags Down 10% & Green. Play the Bounce?

JULY 6, 2020. When
the stock price of leading performers declines, they actually become cheaper.  Nice.  Dominion did that today, by more than 10%.  When the share price of bad companies drop it’s called a value trap.  Today, Monday, Dominion launched two press releases.  They changed things.  What did we learn when “Dominion Zags  Down 10% & Green”

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INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS

POWER PLAY. Utilities. Protection?

JULY 3, 2020.  Some may call you mean.  Some may call you rude.  Some will stop calling you at all.  Yet, the truth matters and a fall from a tall building doesn’t create more.  You paid for more, not less.  Consider it.
Power companies expect to be paid every month.  Promises won’t do.  But when you’ve paid to participate in the business, the results are all on you.  Utils are said to be “defensive.”  But from what?  Market crashes?  Capital loss?  Earnings reversals?  “No–it’s income” you say?  Nice.  Is it really income when your utility’s share price folds by double-digits?  How about if their EPS is in reverse?
Since our market was shoved off a cliff and unemployment bounced into the stratosphere, precisely what have the utilities done for you?  Have they kept the “defensive” promise?  Were you “protected?”  Or did you simply pay into a “POWER PLAY.  Utilities.  Protection?”

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