Federal Reserve raising short term interest rates? Stocks ready to rally?


While the short term down-trend is still in place, a lot of stocks I watch are gaining strength. And surprisingly, short term rates are starting to rise, perhaps in anticipation of a recovery in the economy. First, note that the GMI-R, which is more sensitive to   short term changes, has risen from 1 to 5 (of 10), while the GMI is now back to 2. As the table below shows,

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