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.
Buying when this indicator is over 90 is not a good idea.
This recession-resistant sector offers attractive growth and income.
Investors looking for yield and price appreciation could go long AEP stock.
Given recent volatility in the stock market, a rock-solid dividend becomes that much more valuable for income investors.