Dominion Resources, Inc. (NYSE:D) -- Bi-Monthly Update
Dominion Resources looks better on the charts than on or within its basic fundamentals. Up is Up and that can not be disputed.
My weekly study of all my High Profile Utilities / Conventional Electricity - - Indexes, Companies and ETFs was interesting and suggests that the Utility Sector is deteriorating. This is a study that is important to both me and my senior / retired Clients. The reason is, in good times it produces a solid dividend. I like exploring Utes like (D) because like with any Sector there are the good, the bad and the ugly. Each time, it supports my Methodology of "Investing Wisely."
My objective is to identify changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.
A Special Note for Seniors & Retired Investors - Dividend Yield for (D): 3.37%
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My Mission is to provide guidance and direction for conservatively providing consistent annual and superior profitable results for each Formal Recommendation I make to my Clients.
The Difference Between You and the Pros: Clearly you should be profitable and making money by owning Dominion Resources. Via my Emails, I have found that many Investors are struggling with other securities they are holding. I have offered direction to hundreds of Investors and can share with you why you are perhaps holding losing securities and provide a conservative and low risk remedy.
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Forecast & Opinion from my Study / Analytics:
Dominion Resources, Inc. and other Utility Sector Companies are tracking well. Although (D) is in a strong Rally (however, it is clearly Topping) it is always an excellent contributor to my Analytics.
Forecasted Performance - - - Bullish Cycle - - Still Performing Well:
The below Table is for your review, questions and perhaps thoughts. If you are seeking, what I call "Pazazz Performance" - - please Email me to open a dialog.
Typically, "Pazazz Performance" does not come from Companies like (D). In good times this conservative giant does the job quite well along with paying a decent dividend.
Dominion Resources, Inc. (D)
Forecasted Bullish "Alerts"
At this time (D) remains in a Bullish mode and has produced an annualized profit - over the past few years of about +26%. (that's per year - not including dividends).
It, however is currently giving -- both Fundamental and Technical - - Bearish "Warnings" that if ignored will be costly.
Forecast Bullish "Alert" -- Initiated:
August, 2009 @ $28.00
Performance to Date: +132%
Click on the Green Arrow to read my Archive of my most recent and past Articles, on Dominion Resources. - - including my on going Forecasts and Opinions.
Dividend paying Companies for Investors can HURT as well as REWARD. That is why I spend so many hours Forecast each and every day.
Thanks for your interest in my Forecasts - work / analytics . . .
My Current Forecast is not as bright as you may think! (I will be more specific upon request).
If you own or are considering owning Electric Power Companies, the securities are definitely a mixed bag. Dominion Resources, Inc. is currently strong Technically but I have reservations about my Fundamental Valuation, therefore I have placed it on an Initial Bearish Forecast - "Warning."
My Current Opinion is to HOLD for Now
Fundamentally - ( weighting - - 40% ): My Analytics (weighting) for my Fundamental Valuation play a vital role in profitable managing money. At this time my Valuations of (D) are not as positive as perhaps you are being told by other sources that we both read. Plainly stated they are seriously declining for the foreseeable future. This does not make for a positive fundamental valuation of any Company.
Technically - ( weighting - - 35% ): Even with this fine Company, my Indicators are notably breaking down. It is currently on its highs of $67. The current rally is, I believe in the late stage of Topping and has already told a positive story as to the future direction of the price of (D). I still will diligently do my homework each week. I have put Dominion Resources on my list to Short in the coming weeks and believe it has a 30% - 40% downside in the long-term.
Consensus Opinion - ( weighting - - 25% ): My third pillar of Research is one that is ALWAYS distorted to the Positive by most all financial analysts. That's because they are afraid of being Bearish. I Am NOT! My articles on "Reality" are supportive of the below 20 year Chart.
I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for (D) !
A Twenty Year Perspective of Dominion Resources, Inc. (D)
It has NOT always been like you are being told by so many who do not take the time to "Investing Wisely" and do their homework well. Dominion Resources, Inc. (D) has taken some big hits over the years.
URL for (20-years of - (D): http://stockcharts.com/h-sc/ui?s=D&p=W&yr=20&mn=0&dy=0&id=p60110174774&a=308807812
"Selectivity" is what I preach (along with Patience and Discipline) and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity." You might like to read my most-recent article on why I believe Selectivity is so critical for profiting in today's Marketplace. You might want to check out "Be Selective II - Just Click - - > http://seekingalpha.com/instablog/121308-steven-bauer/2066602-flash-update-be-selective-ii
Here are a number of the Component Companies / Peers in the Conventional Electricity Industry Group that I focus on rather frequently: D, EXC, SO, FE, NRG, AEP, AES, CNP, PPL, DUK, CPN, CMS, XEL, PCG, CIG, ETR, TE, PEG, NVE, NEE, ED, EIX, NI, POM, AEE, NU, WEC, DTE.
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