UTSL / As Recession Signals Loom, Play the Utilities Sector

Wall Street put up a mixed show in the holiday-shortened last week. Leveraged gold miners, healthcare, utilities and energy ETFs/ETNs were among the w more_horizontal

The utilities sector is undergoing its own renaissance as clean energy initiatives come into the forefront. As such, it's turning into somewhat of a g more_horizontal

With aggressive global plans to reduce carbon emissions and attain net-zero, clean energy plays are an ideal move in the market. With the help of the more_horizontal

It's been risk-on the past few months as investor confidence returns, putting safety on the back burner. As such, growth names are back in vogue on th more_horizontal

Utility sector has limited growth and high valuation. The utility sector stocks have done better than most sectors in 2022, but the future returns are more_horizontal

Compared to the general market in 2022, the utilities sector has actually fared quite well, supporting the notion that the sector can hold up in a dow more_horizontal

Lower consumer sentiment is pushing the Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) lower this year, but should the economy avoid a reces more_horizontal

The cost of rising utilities can offer investors an inflation hedge, but another catalyst is record-breaking heat in the Western region of the United more_horizontal