Fed comments yesterday hinting at December as the start of the first interest rate rise in 7 years dropped many utility stocks including my favorite utility stock, Duke Energy.
Other interest rate investments have also been affected. Duke Energy starting dropping in the days leading up to Wednesday’s Fed policy statement as investors remained nervous ahead of the Fed comments.
Duke Energy Stock
I have traded in Duke Energy Stock for over a decade and a half and it is one of those stocks that forms the base from which I have built my portfolio.
The rest of this trade alert and strategy article is for Members following the trades in Duke Energy Stock.
Duke Energy Stock (DUK) Trade Alert – Oct 29 2015
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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