UTIL Utilities Weekly Chart

The US stock indexes take the pipe today because of China's plans to retaliate more against King Donnie's tariffs and Trump's harassment of Federal Reserve Chairman Powell trying to force him to cut rates. The Trump Trade and Tariff War is creating inflation but at the same time the orange head is bullying Federal Reserve Chairman Powell trying to get him to cut rates. If there is not a proper handle on inflation, and the Fed would cut rates, inflation could skyrocket out of control a la the pandemic. The Trumpflation due to tariffs would accelerate.

If King Donnie, donning his paper crown he got with his Burger King children's meal, tries to fire Powell, it would be a major crisis and the stock market would crash. Surely, the orange head is not that dumb, or is he? Donnie sets fire to the neighbors house and then blames the fire department for not getting there fast enough to put the fire out. The orange head would proclaim that if the fire department did their job, the house would not have turned into a cinder, but he is the one that started the fire. It makes you laugh. The whole pile of trade and tariff garbage is more crony capitalism filth imploding in real-time.

The major indexes collapsed today into a mini-crash because of the above news-wise, and because of the utilities technical-wise. UTIL plummets more than -2% today to 999.16 losing the critical 50-wk MA at 999.56. This is not good and it creates a pall on the stock market. Thus, the mood can change back to Happy Days if UTIL moves back above 999.56 tomorrow morning.

Stock market sogginess continues if UTIL remains below 999.56. The stock market goes into a crash profile if 972.25 is lost. A trap-door is opened if 972.25 is lost this week and it opens the door to Hell. Even more interesting is that the 972 number is meaningless after Friday at 4 PM EST because it is replaced with 1013 for the following 2 weeks. Thus, if your mind can stay with Keystone, as of next week, the trap-door will be the 999.56. Thus, mathematicians say thus a lot, that is why we are never invited to the fun parties, watch to see if the week ends with UTIL below 972, if so, It's All Over, Baby Blue. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Tuesday Evening, 4/22/25, at 8:42 PM EST: King Donnie backpedals on the besmirchment of Fed Chairman Powell and says he will not fire him. The orange-headed idiot realized he was making a fool of himself, negotiating with himself, while sending the stock market to Hell. The SPX bounces off the 38% Fib and begins a relief rally with S&P futures up +80 points continuing the party. UTIL catapults higher to 1025.