Todd Gordon breaks down the charts on utilities and Southern Company.
Utilities are traditionally thought of as a defensive sector that attracts capital seeking a safe haven from broader market volatility that also pays a reliable dividend. Conventional market wisdom of market behavior advises us to never say 'this time is different' . Nvidia CEO Jensen Huang has said that we are at the start of a new industrial revolution, referring to the massive hardware and software buildout as we enter the age of artificial intelligence.
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