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 - Weekly June 6, 2016

View a Printer Friendly version of this page, allowing you to print the page.

Our position on the market is simple. On a trading basis we are long with breakeven stops, and should SPY start to close above 215 our target of 223 should be struck.  What we see is the long end of the curve is falling while the short end is still about where it was. The risk is that this is not tenable, and long rates will move back up more quickly – which at this point would be a surprise. We would continue to sell TLT and other bond instruments at 134 on TLT and move into high dividend stocks.



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: