Yahoo Finance

Alliant Energy is the parent company of two public utilities, Interstate Power & Light Co. and Wisconsin Power & Light Co., and also owns Alliant Energy Resources, the parent company of Alliant's nonregulated operations. The core utility service territories are in Iowa and Wisconsin. The company employs about 3,300 people. The shares are a component of the S&P 500.

CenterPoint Energy, headquartered in Houston, is an investor-owned domestic energy-delivery company. Its operations consist of electric generation, transmission and distribution; natural gas distribution; and competitive natural gas sales and services. The company serves more than seven million metered customers, mostly in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. The company has about 8,800 employees. The shares are a component of the S&P 500.

Monday was another day of negative breadth, as the NYSE advances-declines finished at -679. And, once again, gains were limited to the mega-cap indices, with the Nasdaq and the Nasdaq 100 leading the pack. The multi-trillion market-cap stocks were at it again, as TSLA surged another 6%, helping Consumer Discretionary finish on top of the 11 sectors with a 1.4% rise. Broadcom soared 11%, sending Technology to second place with a 1% jump. Communication Services was third, propelled by Alphabet?s 3.6% gain. Energy (XLE) brought up the rear once again, falling 2.2%. The XLE has dropped almost every day since November 22 -- and in those 15 days, the sector has given back 10%. Continuing our discussion about deteriorating market breadth, the volume of stocks that are making 52-week highs on the major indices is going in the wrong direction. On the S&P 500, new highs fell to seven as of Friday, the lowest daily reading in eight months. The most-recent peak in new highs was on November 6, when there were 137, and on November 25, when there were 111 highs. The low reading in April was during a pullback. At the same time, new 52-week lows have in-creased to a very mild 13 from zero seen during a large period of time in 2024. New highs on the NYSE (common stock only) have fallen to only 26 from a November 6 peak of 405. New lows have increased to 57, one the largest readings of the year, but also very mild. New lows generally do not increase precipitously until the indices are in major corrections. The last time we saw concerning levels of lows (10% or more of issues traded) was back during 2022?s bear market. (Mark Arbeter, CMT)

Last week, the Dow Jones Industrial Average fell 1.8%, the S&P 500 dropped 0.6%, and Nasdaq gained a mere 0.3%. But for the year, the Dow is higher by 16%, the S&P is up 27%, and the Nasdaq has popped 33%. If we were looking for results that aligned any better with current insider-sentiment data, we'd need to dig deep. Indeed, last week showed that stocks are priced at levels that may well be consider 'dear,' but nonetheless are not likely to plummet over the final weeks of 2024. Insiders have moved to the sidelines for multiples weeks, but in so doing have not tapped out by selling at a worrisome level. Instead, they have booked some reasonable end-of-year gains, but stayed in the game enough to show that the sky is not falling, nor it is likely to fall any time soon. By way of data evidence, all of the major eight-week sell/buy ratios from Vickers Stock Research are within the neutral zone that runs from 2.00 to 6.00. On a sector basis, insider buying was the greatest in Energy last week, with shares valued at $11 million bought versus less than $6 million sold. Meanwhile, selling was the greatest in Technology over the last week, with shares valued at $485 million sold versus less than $400,000 bought. This week, analysts at Vickers highlighted insider transactions of interest at Ibotta Inc. (NYSE: IBTA) and The Scotts Miracle-Gro Co. (NYSE: SMG).