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Does the Recent Market Weakness Predict a Recession?

Stock quotes in this article:MCD, AAPL, PFE 

In our opinion, strength in consumer-oriented sectors of the market suggests the economy continues to improve, and that there are likely good (and in some cases temporary) reasons why other sectors are weak. This appears to be a normal correction in an ongoing bull market.

Disclaimer: This article does not constitute a solicitation or offer to buy or sell securities. Interested parties are advised to contact the entity with which they deal if they desire further information. No representation is being made that the information herein is accurate or complete. Any opinions or estimates contained in this communication represent the judgment of Fredco Holdings, Inc. at this time and are subject to change without notice. Fredco Holdings, Inc, its employees, officers, directors, principals, agents, affiliates or advisers may from time to time provide recommendations with respect to, acquire, short sell, hold or sell a position in, the securities or instruments named or described in any report or information being provided herein, 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 The FRED Report, which is solely responsible for the contents of this report. Although Fred Meissner, Jr. is a registered representative of Lamon & Stern, Inc., neither Lamon & Stern nor any of its principals, officers, affiliates, agents or employees is in any way responsible for the contents of this message.

More detailed information, including actionable alerts, is available to Fred Report subscribers or 30 day free trial at www.thefredreport.com. www.thefredreport.com.

>To order reprints of this article, click here: Reprints

Fred Meissner is founder and publisher of The Fred Report. Fred is a CMT and past President of the Market Technicians Association (MTA). He recently left Merrill Lynch's Market Analysis Department and Sector Strategy Department to form The Fred Report.  A detailed bio is here:Fred Meissner.

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