The Fred Report - Sector Review December 2012
Since the last sector review, the market embarked on the forecast fall correction. Prices tested near support areas and rebounded sharply, and there has been deterioration in most technical indicators. Last month we mentioned that some fairly large sector rotation could occur in 2013, and that we have a “hit list” of sectors. We will change some sector weightings, but realize this is aggressive and may be early – trade carefully.
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