anyone understand why ED (consolidated edison) or NGG (national grid) have slid more than 20% ytd? Revenue from electric power is not going to change right? #stock
Could it be related to the drop in oil prices?
When markets sell, fundamentals don't matter. Everything sells, bonds, gold, stocks. Also dead people don't need stocks
Are office buildings restaurants and malls using utilities at this time?
It’s just a market sell off, people are looking for liquid
Also they are being forced to not disconnect non paying customers.
Deflationary crash
If stock market had real logic then everyone would be rich. It is just gambling if you are worried about trading as opposed to investing.
Its zero sum game. Still everyone wouldn't be rich. But i get your point.