The Fred Report - Sector Review September 2013
Since the last sector review, the SPY has continued to consolidate. At this writing, the SPY is just two dollars higher than July’s close. We still believe the first half of 2013 will be stronger than the second, and economic numbers around the world are mixed. Last month we made some changes in the Sector Weightings designed to position these models for a yearend rally after an October/November correction.
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