 RTT News |
Warm weather cools Exelon Q1 results
Chicago Tribune Warm weather lowered demand for electricity and sent Chicago-based Exelon Corp.'s earnings tumbling 70 percent in the first quarter. The power company reported a profit of $200 million in the quarter, or 28 cents per share, down from $668 million, … Exelon's net skids on merger costs, weaker margins Exelon earns $200M in 1Q Exelon profit drop blamed on warm weather |
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.
Technical Trader subscribers click here to download the report.
Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!
These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.
