The Fred Report - Weekly November 7, 2022
On last Thursday’s call we discussed investing in RSP vs. SPY and QQQ. This continues to make sense to us, as Tech is weak, and also such a big weight in SPY. One thing interesting about last week is that it gave us a classic short-term buy pattern on TLT, suitable for traders to buy and hold for a week. As long as PGJ can stay above 21, and KWEB above 20, these two ETFs are giving strong bottoming indications.
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