Over-Utilized Safety Play

Published on
December 20th, 2018
7 minutes

Over-Utilized Safety Play

Technical Trader ·
Featuring Frank Cappelleri

Published on: December 20th, 2018 • Duration: 7 minutes

Frank Cappelleri, CMT, chief market technician of Instinet, returns to Real Vision to discuss why utilities are no longer a smart safety play. He analyzes the charts, reviews historical patterns, and drills down on the technicals. Filmed on December 18, 2018 in New York.


  • PC
    Peter C.
    24 December 2018 @ 16:33
    Congratulations Frank. Filmed on Dec. 18 and a week later today on Dec. 24, XLU at low $50s.
  • DS
    David S.
    20 December 2018 @ 23:29
    With the resignation of General Mattis the last leader is gone in this administration who holds to any reasonable standard of governing the world’s most powerful nation. I thank General Mattis for his brilliant leadership throughout his life. I am mostly in cash and wish I were 100% in cash. I hope that Republicans in Congress return to the values of the Republican Party before this administration. I also hope that Congress and the Administration come together nearer the middle with give and take. No representative democracy can survive with a bipolar Congress. The wheels can and must be put back on! DLS
  • HU
    Henry U.
    20 December 2018 @ 22:21
    Another great video Frank. It's all about technicals and probabilities and the risk/reward on this trade is very attractive. I will set my stop @ 57 and see how the market plays out into year end. Thank you and happy holidays to all in the RV community.
  • JM
    Jeff M.
    20 December 2018 @ 19:14
    And if we do go into recession, XLU went down with SPY from 2007-2009.
  • ML
    Matthew L.
    20 December 2018 @ 18:55
    Heh terrible timing...