The Fred Report - Weekly April 18, 2011
Our accumulation models have weakened markedly on the major indexes, with the exception of Small Cap stocks. Commodity markets that benefit from international turmoil continue to trade well, but the agricultural commodity ETFs we follow are running into trouble, and look like a seasonal drop into May is possible. The FXE has been a bit stronger than we have expected but there are some signs that this may be ending.
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