The Fred Report - Mid Week Update January 16, 2013

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We still like the look of things, but note that daily stochastics are up enough that they could generate a short-term sell signal, which we would use to add stocks in favorite sectors.  We would use this yen rally to try and add some Japanese ETFs or ADRs if you do not have any exposure.  GLD has started to rally and a move above 164.30 would be a plus and confirmation of a rally toward 172 then 169.



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