Today, Chaikin Analytics gave a Money Flow buy signal on NiSource INC (NI). We tend to like Money Flow signals, we have had success bullishly and bearishly with Money Flow signals.
NI has maintained a strong trend, and belongs to the strongest sector in the market, Utilities. NI also offers a modest yield of 2.9%. NI has a Very Bullish PG (Power Gauge) and the Experts like it. Earnings are behind the company as well.
This is the best entry I’ve seen in months. Its everything I look for in long stock entries.... The Best stock in the Best sectors. The only thing I wish looked a little better were the Financials, but hey, nothing is completely perfect.... But this is pretty darn close to a prefect entry set-up. I entered this trade at the open today ( 2/18)