Jan. 7 at 7:04 PM
Utilities
$XLU making a brutal breakdown today as part of a relatively large downtrend.
$CEG $VST leading lower.
On the other hand,
$GRID not doing so bad.
This aligns with a lot of the stuff we discussed in our latest piece surrounding AI and power, and why we believe the best investment is on the grid side now and not independent utilities and power generation firms.
Market has been slowly showing you this for weeks, but today looks like a bit of an acceleration.
Still massive returns to be made in power, just in new places, read more: https://kryptonresearch.substack.com/p/ai-powers-ahead