Weekly Scorecard

I’m calling it a day here, there’s no volume and I feel like I’m the only one sitting at my desk. From last week’s scorecard we were looking for gold and silver to bounce. They did, but it started today. I’m not convinced yet that this move will hold.

This week, the utilities have been flagged on my screen, which is a defensive posture. Will we see a pullback in the market as we start the new year? Only time will tell. Here are the top industries on the week, sorted by change in hybrid score:

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Here are the top individual hybrid movers on the week, sorted by change in hybrid score:

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For those still wondering just what the hybrid score is: CLICK HERE.

Have a good weekend all.