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Brian Pez

Week of Dec 10th

By Brian Pez, in Swing Trading

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Brian Pez    28

Brian Pez
Posted

Hi Everyone.

Looks like we are going to be in for another volatile week of trading.  Utilities has been the only sector working for the bulls as a safety trade.  See the ETF XLU back to high from a year ago.

Gold seems to be holding in there too with the price around 1250.  I will be watching NUGT for a possible long trade.

CLVS popped up on a scan and looks interesting for a long - a long entry around 20 would be great but not sure if we will get a pull back to there.  ABEO also looks to be consolidating.    Having said all that, hard to get really excited about being long anything in this market.  Will see what Monday brings in terms of market action.

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