The FRED Report

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The Fred Report - Weekly March 14, 2016

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Stocks look overbought coming into this week, and we are approaching the gap at the 205 area, which for us represents a critical area.   Oil as a commodity may be bottoming, but this is not yet being reflected in the stochastics on the oil stock indexes.  We are not yet sure that it is time to buy Emerging Markets immediately, but it looks as if a decent buy point could occur later in 2016.

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