AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.

AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.

AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has operations in 15 countries, including the United States, Chile, Colombia, Argentina, Brazil, Mexico, India, and Bulgaria and has about 8,300 employees. The AES shares are a component of the S&P 500.

Crude oil has found some price equilibrium, although it doesn't really feel like it. For now, a flattish trajectory for the energy markets has taken some pressure off the equity markets, as the global markets tug-of-war seems to be at a standstill. The major indices have at least stopped heading lower, and that's a small victory based on the price action over the past month. The S&P 500 (SPX) is sitting near the same level it was at four days ago. While the index broke slightly below its six-month range on an intraday and closing basis on March 20, it stayed below for only one day. The more serious issue is that the SPX has closed below its 200-day average for a fifth straight day. Still, the index is only 39 points under the average, and one decent rally could repair the damage. Stepping back, the SPX closed slightly below its weekly lower Bollinger Band (BB) last week, and it's possible the index will recapture the lower band this week. Historically, such an event has been a very powerful buy signal -- except during major corrections and bear markets. For instance, the last buy signals occurred in April of 2025, and with the move above the middle band, added confirmation to a signal in May. Other recent buy signals occurred in November 2023, April 2020, and January 2019. The one big failure was during 2022's bear market, when the S&P 500 lost the lower band three straight times and it wasn't until the fourth signal that the market finally turned higher. During the third breach, the SPX reclaimed the middle band in August 2022 only to break to new bear-market lows.