reports
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
Recessionary Signals as SPX Tests Resistance; Downgrading Energy to Underweight Our long-term outlook remains neutral on the S&P 500 (SPX) as of our 8/6/24 Compass, after being bullish since early-November 2023. Despite our expectations for a short-term rally since our 8/13/24 Compass, we still see the SPX and Nasdaq 100 (QQQ) as going through a 1- to 4-month pullback/consolidation period, and market dynamics remain concerning. Current price action on the SPX is extremely similar to prior major...
UTL UNITIL CORP.
SRE SEMPRA ENERGY
PPL PPL CORPORATION
PEG PUBLIC SERVICE ENTERPRISE GROUP INC
OGE OGE ENERGY CORP.
NI NISOURCE INC
NFG NATIONAL FUEL GAS COMPANY
NEE NEXTERA ENERGY INC.
LNT ALLIANT ENERGY CORP
EXC EXELON CORPORATION
ETR ENTERGY CORPORATION
ES EVERSOURCE ENERGY
DUK DUKE ENERGY CORPORATION
D DOMINION ENERGY INC
CPK CHESAPEAKE UTILITIES CORPORATION
CMS CMS ENERGY CORPORATION
ATO ATMOS ENERGY CORPORATION
FTS. FORTIS INC.
DTE DEUTSCHE TELEKOM AG
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
Upgrading Utilities to Overweight The S&P 500 (SPX) is back near YTD highs and testing resistance in the 5670-5783 range, and we view this as an ideal time to reduce risk and shift to defensives. We continue to believe that the SPX and Nasdaq 100 (QQQ) are going through a 1- to 4-month pullback/consolidation that could end up being a topping pattern. To recap, (1) in our 7/30/24 and 8/6/24 Compass reports we discussed how 5100-5191 was our target/bounce area on SPX, (2) we downgraded our long-t...
WEC WEC ENERGY GROUP INC
SR SPIRE INC.
PPL PPL CORPORATION
OKE ONEOK INC.
NI NISOURCE INC
LNT ALLIANT ENERGY CORP
EXC EXELON CORPORATION
ETR ENTERGY CORPORATION
DTE DTE ENERGY COMPANY
CMS CMS ENERGY CORPORATION
BKH BLACK HILLS CORPORATION
ATO ATMOS ENERGY CORPORATION
AEE AMEREN CORPORATION
FTS. FORTIS INC.
NEW WATTANA KARNPAET PCL
PCA PALACE CAPITAL
WEC Energy Group Inc: 1 director
A director at WEC Energy Group Inc bought 1,000 shares at 91.390USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
- Valens Research
Valens Equity Insights and Inflections - 2022 04 19
Generac Holdings Inc. (GNRC) has a dominant and growing market position for backup power generation and storage, a trend that is likely to grow for years. Uniform Accounting highlights that the market is not pricing in these tailwinds, and Generac's potential to grow and expand returns faster signal the potential for equity upside. Generac owns a 75% market share for household backup generators, a market with low penetration and accelerating demand. With households and businesses relying on...
- Valens Research
WEC - Embedded Expectations Analysis - 2022 04 12
WEC Energy Group (WEC) currently trades above corporate and near historical averages relative to Uniform earnings, with a 41.2x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to improve to 7%, accompanied by 3% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to remain below cost-of-capital levels through 2023, accompanied by 3% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $28, rep...
WEC ENERGY GROUP loses on its star level and is downgraded to Slightly...
The independent financial analyst theScreener just slightly lowered the general evaluation of WEC ENERGY GROUP (US), active in the Multiutilities industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date March 25, 2022...
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
Index Supports Breaking; Upgrading Utilities Indexes continue to violate our key "lines in the sand" as the Russell 2000 (IWM) broke below $208, the S&P 500 broke below 4495, and the equal-weighted Nasdaq 100 (QQEW) broke below $109. This type of damage paints a bearish picture at the index level, and will take some time to repair. Now that key supports have been violated, we are monitoring for oversold conditions that could mark a bottom. It is possible that yesterday's reversal could mark "th...
WEC WEC ENERGY GROUP INC
PPL PPL CORPORATION
PEG PUBLIC SERVICE ENTERPRISE GROUP INC
LNT ALLIANT ENERGY CORP
ED CONSOLIDATED EDISON INC.
DUK DUKE ENERGY CORPORATION
D DOMINION ENERGY INC
CMS CMS ENERGY CORPORATION
AVA AVISTA CORPORATION
FTS. FORTIS INC.
DTE DEUTSCHE TELEKOM AG
NI NIHAO MINERAL RESOURCES INT'L
EXC EXCEET GROUP SE
PCG PG&E CORPORATION
EEM ISHARES MSCI EMERGING MARKETS ETF
IWM ISHARES RUSSELL 2000 INDEX FUND
XLI SELECT SECTOR SPDR-INDUSTRIAL
XLU SELECT SECTOR SPDR-UTILITIES
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