Previous Next
The FRED Report – Financial Research, Education & Data
Mid Week Update
Volume 17, Issue 38
May 21, 2025
Download PDF Version here
Update of Market View
The market is pausing in this area. We thought this could happen, as short-term indicators were overbought at the start of the week. Since stocks normally rally into Memorial Day weekend, we could see a choppy Wednesday and up Thursday and Friday. Traders should buy a down open Wednesday with the idea of selling the close on Friday. Traders should use their vehicle of choice. Investors – we could see more choppiness into June after this Memorial Day advance into June, but we still expect higher prices into July/August.
TLT (iShare®Barclays 20 Year Treasury Bond) is holding up ok given the Moody’s downgrade, but realize that on previous downgrades bonds rallied and rates fell. This is not happening this time and lends some support to our concerns regarding higher interest rates later in 2025. GLD (SPDR® Gold Trust) has rallied back above 302 but really needs a weekly close to maintain the uptrend.
Other Points of Interest
We have been asked about VT (Vanguard Total World Stock Market ETF). This is a strong ETF that would be a good addition to portfolios, especially for part of your international allocation. It has support from 106 to 100 and is fully testing resistance in this area. So far this is at slight new highs. The daily and weekly stochastics are overbought, and the monthly is in slight sell mode. We would buy this here and add on recycles, at least through summer.
DISCLAIMER:
Fred Meissner is primarily responsible for the research in this report and certifies that: (1) all of the views expressed in this research accurately reflect his personal views about any and all of the subject securities or issuers; and (2) no part of his compensation was, is, or will be directly or indirectly related to the specific recommendations or view expressed him in this research.
This report is for your information only and is not an offer to sell, or a solicitation of an offer to buy, the securities or instruments named or described in this report. Interested parties are advised to contact the entity with which they deal, or the entity that provided this report to them, if they desire further information. The information in this report has been obtained or derived from sources believed by Fredco Holdings, Inc. to be reliable, but Fredco Holdings, Inc. does not represent that this information is accurate or complete. Any opinions or estimates contained in this report represent the judgment of Fredco Holdings, Inc. at this time and are subject to change without notice. Fredco Holdings, Inc. or its employees, officers, directors, principals, agents, affiliates or adviser may from time to time provide advice with respect to, acquire, short sell, hold or sell a position in, the securities or instruments named or described in this report.
Fredco Holdings, Inc. does not have investment banking relationships with any of the companies mentioned in this report and does not conduct investment banking business, in general. Fredco Holdings, Inc. and its employees do not receive compensation of any kind from any of the companies in this report. Fredco Holdings, Inc. , its directors, officers, principals, agents, advisers, affiliates and employees may maintain a financial position in the securities mentioned in this report, provided however that no buying or selling activity will be taken with respect to a security referenced in a report by such parties within three days of such report’s publication.
The information contained herein was prepared by Fredco Holdings, Inc., which is solely responsible for the contents of this report.
Copyright 2010-2025 Fredco Holdings, Inc.. All rights reserved. This report is a publication of Fredco Holdings, Inc. located at 4514 Chamblee-Dunwoody Rd, Suite 112, Dunwoody, GA 30338.
