gongo, I don't have a list of stocks
but traditionally gold, oil, pharmaceuticals, and consumer staples are regarded as defensive sectors.If I am able to come up with some specific stocks for a list I'll let you know.
I currently am not playing any of these sectors right now. I was watching HGMCY (gold) as a speculative play this week, but it went nowhere, bouncing between 5.00 and 5.25 all week. But I played IDPH (pharmaceutical) on the short side, however, Thursday and Friday for 4 nuts.
Many oil stocks were down this week, as even traditionally defensive stocks were not immune to the downside this week.
The only sector that I know of that did consistently well this week were security stocks, (INVN, MAGS, VISG, VSNX, IDN, AH, EASI) if you want to have a look. But even these had their down days this week which was understandable considering their stratospheric rise in Monday's premarket.
Nevertheless, it looks like there weren't many stocks screaming "buy" this week. Instead, it looks like the best things to buy this week were January puts. They still may be, IMO. |
