The breakout in this utilities ETF has room to run, says Carter Worth
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最新报道：A utilities ETF is showing strong breakout potential with further upside expected, according to Carter Worth of Cornerstone Macro. The ETF, which tracks major utility companies, has surged past key resistance levels, signaling continued momentum. Worth highlights the sector's defensive appeal amid market volatility and rising interest rates, with utilities offering stable dividends and reliable earnings. Technical analysis suggests the ETF could climb another 10%-15% in the coming months. Investors are increasingly turning to utilities as a hedge against economic uncertainty, driving demand for the sector's steady performance.
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