Utilities closed at all-time highs on Friday...

 

It's pretty amazing how many people I talk to think that we are in a Bear market or that stocks are way down. They are wrong. The reason why they have this mistaken idea is because they watch the financial media which spends way too much time focusing on energy. Did you know that the S&P 500 Utility Sector ETF (XLU) closed at a ALL-TIME Friday? And it isn't the only sector that is making all-time highs.

Here is a look at XLU. It closed just slightly about the highs made last January.

 

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