The FRED Report

Financial Research, Education & Data

The FRED Report is not authorized, endorsed or affiliated with the Federal Reserve of St Louis and its FRED Economic Data

The Fred Report - Monthly January 2014

View a Printer Friendly version of this page, allowing you to print the page.
Stocks had a strong rally in 2013, and we remain long-term bullish, while seeing short term excesses that concern us. The internals, especially sentiment, continue to weaken. A small correction now would be extremely positive, and lead to much higher highs in 2014. Stocks are not well positioned to withstand a negative surprise. We are comfortable maintaining a neutral/defensive position, looking to deploy cash on a correction. We think SPY can trade at 203 or so in 2014.


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.

 

 

 

Who is Fred Meissner, CMT?
Listen here: