MoneyShow·2026-06-24·via All Articles on Seeking Alpha
Summary
Is it time for utility stocks to shine? Two experts who joined me for this week's MoneyShow livestream event said yes! But what do the charts show?
The MoneyShow Chart of the Day shows the State Street Utilities Select Sector SPDR Fund (XLU) going back one year. XLU has been gradually stair-stepping higher, with each upside breakout followed by consolidation, basing, and a fresh leg up.
We haven't seen any bearish 50-day/200-day crossovers, and we might be on the cusp of another upside breakout.
Justin Paget/DigitalVision via Getty Images
By Mike Larson
Is it time for utility stocks to shine? Two experts who joined me for this week’s MoneyShow livestream event said... yes! But what do the charts show?