Jul. 28 at 8:52 PM
$SRE HUGE buy right at the close for
$SRE. It makes me wonder who stepped in with such a large position, as it looked like nearly all of the day’s selling pressure was absorbed by the closing bell.
My hunch is that utilities, along with several other pockets of the market, could see strength before pulling back as investors react to Fed meeting speculation. Tomorrow has the potential to be a very fun, volatile & wild trading session.
Either way, thank you to the sellers of
$SRE for what looks like an even better entry point, especially heading into August, a month that has often been favorable for utilities.
I’m staying bullish on
$SRE. This is not investing advice, please do your own homework, research the company thoroughly, and make decisions based on your own risk tolerance. #fedratewatch
