The Fred Report - Monthly April 2013
Stocks have had one sharp correction of what we believe will be two such drops before an intermediate top could be signaled. In this environment, sharp drops are bullish – but sentiment indicators are weakening suggesting the next drop could be sharper than previous short-term corrections. Transports, and economically sensitive sectors (except XLB!) continue to perform well, but we are seeing some weakness in Emerging markets, and strength in fixed income, that could suggest weakness in the second half of 2013.
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.
