While Everyone Chases Tech, This "Boring" Sector Just Hit New Highs

Hey there, it’s Blake. 

While everyone's going crazy over Microsoft and Meta's earnings surprises yesterday, something fascinating happened that almost nobody noticed.

Pretty much every sector in the S&P 500 is red this week. 

All of them... except one outlier that's up 2% while everything else has fallen.

And it's probably the last sector you'd think of.

Not tech. Not AI stocks. Not the FANGs.

Utilities.

I know, I know. "Boring" utilities. But check this out:

The utilities sector (XLU) has quietly rallied from $72 to $86 in just four months. 

That's outpacing every other sector by 6% in just the last three days.

While mega-caps are making headlines, utilities are making new 52-week highs.

This is a classic flight to safety. 

But here's what makes it interesting - it's defensive AND pays you while you wait.

Take a look at some individual names:

AEP just crushed earnings and jumped 15% to $113... while ALSO paying you 3.29% to hold it.

Excel Energy is hitting new highs AND throwing off 3.1%.

Dominion? 4.5% dividend just for owning the damn thing.

Think about this strategy: Buy a utility stock that's trending higher, collect 3-4% annually in dividends, and if you want to get fancy, sell covered calls against your position.

That's three income streams from one "boring" trade.

When utilities outperform the mega-caps that "blew the doors off earnings," that tells you something important about where smart money is flowing.

WATCH: I break down my complete approach to dividend momentum plays in today’s market video update.

This could also be signaling that healthcare and consumer staples are next in line for this defensive rotation. We'll see.

But for now, while everyone's chasing the shiny tech objects, the real money might be in the most boring sector of all.

Talk soon,
Blake

P.S. Utilities aren't my only play right now. I'm also going after 10% monthly gains with EuroFX futures next week. Different game, same discipline. Follow along here if you want to see how it plays out.