The Fred Report - Weekly November 2, 2015

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

As long as SPY can remain above 205 the S&P 500 can rally. Below this targets 201 and below that would be a concern. The monthly Fred’s Price Oscillator on oil is suggesting December should be a strong month for oil, maybe the strongest month since August, but the move may start later in the month. We believe the “elephant in the room” as far as stocks are concerned is the spectre of commodity deflation brought on by a slowing economy in China.



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.