man in black suit jacket and black pants figurineImage Source: UnsplashRemember Next Era (NEE)? I sure do. I was kind of obsessed with it for a while, but the amazing strength of the utilities sector defied the diamond pattern.Still, it has been breaking down for the past couple of months, and the recent surge may present a new opportunity. I have taken on January 2026 (yes, 14 months from now) $80 puts on this bad boy.Here is the longer-term picture, which I hope illustrates my reasoning.More By This Author:Capricious Coinage
The Normalizing Fed
Exceptional Intelligence