Utilities Failed to Catch a Bid

Good evening everyone. The major indices moved higher. Utilities were the only sector to close lower. ($XLU -2.16%)

52-Week Lows surpassed Highs — 110 vs. 40.

See the full sheets here.

The Worst of the Worst

Plug Power is the worst of the worst. The alternative energy technology provider lost -2.07% and is down -89% from its January 2021 all-time high. Here’s the weak weekly chart.

$PLUG has 172,852 followers on Stocktwits.

The Best of the Best

Jabil is the best of the best. The electronics manufacturer marched +19% following its Q4 earnings beat. Here’s the daily chart.

$JBL has 2,786 followers on Stocktwits. 

If you enjoyed today’s post, please share it with a friend.