[Weekend Summary]
Dear Member:
This past week and next tell us little about market sentiment. The holiday times tend to experience less volume and, therefore, higher volatility so it is a time to tread more cautiously than usual.
I entered a position in Yamana Gold (AUY) and, after a dip, it bounced back up and continues along the trend line.
Nuveen Sr. Income (NSL) continues to look good and keeps the income pump running.
Wells Fargo (WFC)has stayed above my entry and continues to move up the uptrend line.
We have a shortened trading week next week and another holiday following that. I will be very wary about entering any new trades next week though I will be looking at the market.
For those who aren't offended, have a very Merry Christmas. For those who are, have a great weekend.
Bill
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