Prices are pointed down.
D is one of the stocks in the utility sector that Jim Cramer points out you can buy as the trade war continues.
With 107 new highs for Nasdaq, we saw only 37 more new highs than new lows: Poor odds for picking stocks.
Let's check the charts and indicators before suggesting a strategy.
The Utes typically top out before the major indexes do, so they are a warning sign when they start to go down -- on Wednesday they lost 2% in their biggest daily loss since January, yet few seemed to fuss over it.
WTR has climbed steadily higher this year and further gains probably lie ahead.
Dividend stock investors should look to have at least some exposure to this sector.
Over the past several years, Dominion's exposure to the oil and gas MLP industry has helped fuel its above-average dividend growth.
Southern Company and Consolidated Edison are among the most highly regarded dividend payers in the utility sector.
Now may in fact be the time to consider more defensive areas such as utilities.