2 Utilities Stocks that Bucked the Market Downtrend

These are stocks helping the Utilities (NYSE:XLU) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Southern Union Co. (NYSE:SUG) is among the sector price gainers today, as its shares are trading at $41.33, up 43 cents (+1.1%) from a previous close of $40.90.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had risen $13.15 (47.4%) from $27.75 to $40.90. The stock price saw one of its best stretches over the last year between January 6, 2011 and January 18, 2011 when shares rose for eight-straight days, rising 7.4% (+$1.81) over that span. It saw one of its worst periods between August 17, 2010 and August 25, 2010 when shares fell for seven-straight days, falling 5% (-$1.15) over that span.

Consolidated Edison Inc. (NYSE:ED) is among the top price gainers in the market today. Its shares are trading at $52.07, up 17 cents (+0.3%) from a previous close of $51.90.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $3.23 (-6%) from $53.64 to $50.41. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 4, 2011 when shares rose for nine-straight days, rising 4.5% (+$2.28) over that span. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven-straight days, falling 2.5% (-$1.36) over that span.

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