The Fred Report - Weekly January 3, 2023

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It looks as if stocks should start January off well – daily stochastics are in buy position, some breadth tools like the McClellan Oscillator are in position to rally, and the sentiment picture, as shown here, has improved.  While not strictly “fixed income”, dividend stocks were important in 2022, and are likely to be important in 2023 if the market remains range bound, as we expect.  Canada has real potential for 2023.

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