The Fred Report - Weekly May 11, 2015

This market is a prime example of what we call going aggressively nowhere, and while we still expect 214 – 215 to be challenged before a pullback and advocate putting money into models, we would slow our rate of investing a tad to see if we can add money on a decline.  Financial stocks generally outperform in periods of rising rates, and when we look at XLF and a couple of key stocks in particular we can see evidence of this.