The FRED Report

Financial Research, Education & Data

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

The Fred Report - Mid Week Update June 23, 2010

View a Printer Friendly version of this page, allowing you to print the page.
Tuesday’s action continued the decline and has resulted in a short-term oversold condition.  We are essentially looking for choppy action now, and a decent buy signal either after a down June monthly close (and possibly a down July close).   Advisors should use this drop to slowly add stock positions (or fund positions, esp. in small and mid-cap stocks), looking for an advance later this summer.


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: