Ameren Corp is a utility holding company that provides electric and natural gas services to customers in the United States, primarily in Missouri and Illinois
The company operates through its subsidiaries, focusing on the generation, transmission, and distribution of energy. Ameren is committed to delivering reliable energy solutions while investing in infrastructure and sustainability initiatives, including renewable energy projects and energy efficiency programs. Through its operations, the company plays a crucial role in supporting the energy needs of communities and promoting environmental stewardship.
The momentum trade just hit a wall and the unwind has been nothing short of brutal. JPMorgan analysts Dubravko Lakos-Bujas, Arun Jain and Bhupinder Singh note that the sharp reversal in momentum has erased two years of gains in just three weeks – one of the fastest unwinds in four decades.
Just wanted to follow up on these two charts, which I had pointed out weeks earlier as bearish-looking diamond patterns. Nice to see them work out, finally!
