The Fred Report - Weekly August 28, 2023

View a Printer Friendly version of this page, allowing you to print the page.

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.



Sorry this page is available to subscribers only.
If you're not a subscriber why not join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.


To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

 

 

 

Who is Fred Meissner, CMT?
Listen here:

The FRED Report is not authorized, endorsed, or affiliated with the Federal Reserve of St Louis and its FRED Economic Data.