December E-mini S&Ps (ESZ14 -1.19%) this morning are down -1.31% and European stocks are down -2.04% at a 13-1/4 month low as global stocks continue their downside correction.

One of the challenges of fundamental investing is trying to find decent ideas that are off the radar.

Water and Gas Utilities have outperformed but Multi-Utilities gets the current nod technically While the Utility sector is on the low end of total returns over the previous 3-yrs and TTM, they generated respectable returns for YTD and first 6-months 2014.

The Chart of the Day belongs to Dynegy (DYN). I found the stock by sorting the New High list for new high frequency in the last month, then used the Flipchart feature to review the charts.

This week I added Royal Dutch Shell (RDS.B), Statoil ASA (STO),Dynegy (DYN) and Ace Limited (ACE) to the Barchart Van Meerten New High portfolio for great technical indicators and price momentum:

Today I used Barchart to screen the All Time New High list to find the stocks that hit the most frequent new highs in the last month. The list includes Bellatrix Exploration (BXE), Alliance Holdings (AHGP), Clayton Williams Energy (CWEI), Dynegy (DYN) and Novartis AG (NVS)