The Fred Report - Weekly August 28, 2023

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Stocks look to rally this week, and we would consider adding some longer-term money at this point – say 50% of what you have available.  Weekly stochastics are in sell mode, suggesting the next sell pattern could target SPY 420 – which is why we are not putting all of our cash in here.  Bonds: The message here is to start increasing duration, but maybe do this a bit slower than we thought we would at this juncture.

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