The Fred Report - Sector Review February 2014
SPY has been volatile, but ultimately flat, since the last report. We had a sharp pullback and upgraded our market view to neutral from neutral/defensive in our U.S. stock portfolios as the market fell. Once again, the market fell just over half of our projected decline before stabilizing, and this has relieved the pressure on long term momentum indicators but has not helped sentiment much. Advisors also should have added some cash – but we still have some “firepower” to add on the next drop.
Sorry this page is available to subscribers only.
If you're not a subscriber why not join today?
If you are already a subscriber, please login.
If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.
To gain access to the members only content click here to subscribe.
You will be given immediate access to premium content on the site.
