The Fred Report - Weekly November 7, 2022

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On last Thursday’s call we discussed investing in RSP vs. SPY and QQQ. This continues to make sense to us, as Tech is weak, and also such a big weight in SPY.  One thing interesting about last week is that it gave us a classic short-term buy pattern on TLT, suitable for traders to buy and hold for a week.  As long as PGJ can stay above 21, and KWEB above 20, these two ETFs are giving strong bottoming indications.

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