The Fred Report - Weekly August 17, 2020

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The charts suggest that the best Financial Sector allocation would likely be a combination of IAI and KIE, ideally with an overlay of the credit card stocks mentioned above. We would avoid all but the strongest bank stock charts for a while.  For the GLD chart to be repaired, a move above 193 is needed, i.e. filling the gap and moving above the high of the gap down day.



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