ISHARES 20+ YEAR TREASURY BOND ETF (NYSE: TLT)
What is TLT:
Is a long ETF for ICE U.S. Treasury 20+ Year Bond Index and other bonds
JesusTrades Score:
Buy
Scale Score:
Risky (8 / 10) Could have another leg lower
Portfolio Hold:
1 month
Fundamental Reasoning:
Due to low interest rate this play could be a good trade to take, but not something long term to hold for. Also trending against the market could be a good stock to hold when market is dropping. OH and did i mention that the FEDS are buying up BONDS.
What is TLT:
Is a long ETF for ICE U.S. Treasury 20+ Year Bond Index and other bonds
JesusTrades Score:
Buy
Scale Score:
Risky (8 / 10) Could have another leg lower
Portfolio Hold:
1 month
Fundamental Reasoning:
Due to low interest rate this play could be a good trade to take, but not something long term to hold for. Also trending against the market could be a good stock to hold when market is dropping. OH and did i mention that the FEDS are buying up BONDS.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.