PGE is exploring in the Stillwater area. I think there's greater potential for stock-specific news flow in PGE in the near term. As shown below, both stocks have traded similarly in the recent past. PGE has performed much better over the long-term. PGE looks like it could encounter resistance up to 50 cents before breaking out of its massive base.
Wages and Benefits Rise More Than Expected, Bond Yields Jump
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Employer costs are soaring. The Employment Cost index (ECI) unexpected rose
1.2 percent in 2024 Q1 rattling the stock and bond markets.
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