Neutral/Negative Catalysts
- Regulatory/market-structure risk: Jefferies flags “net risk” to incumbent power players like CEG from potential PJM market intervention and new supply incentives.
- Quant/pattern outlook provided suggests near-term drift remains unfavorable: ~70% chance -1.05% next day and -2.82% next month (despite a possible +0.79% week).
- Options market is positioned defensively (puts leading), which often accompanies continued weakness or choppy trading.
- Upcoming earnings (2026-02-17 pre-market) can keep buyers cautious until results/guide are known.
