Daily Charts - Are Utilities the new Semiconductors?
1.are Utilities the new Semiconductors?
(...or are semis the new utes?)
market narratives and megatrends to muse on: $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$
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2.Accountants and Stock Analysts are dying...
A number of forces and factors are driving these trends (e.g. regulations, human capital pipelines, offshoring/outsourcing, automation, competition, AI?)
Just one example of the many shifting sands in the financial industry, and the wider economy for that matter.
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3.Just buy low and sell high!
(but how??)
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