Do you Feel Your Back Side Tightening Up?
All right! let me see a show of hands. Who got long TLT when I told you to? Ok, it didn’t make it down to $110, but if you listened to me, you at least aren’t Feeling the Burn like the Head and Shoulders Short Sellers are!
Ok, if you are long the TLT, get ready for it to rocket up into the $130’s and really start inverting that Loan Curve!
Ok, if you are long the TLT, get ready for it to rocket up into the $130’s and really start inverting that Loan Curve!
Note
Blew past the $130's and the yield curve is totally inverted! There is still a little juice left in trading the TLT, but it will be much tougher going forward here. I would suggest that the risk / reward is not there. Time to take profits.
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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.
Related publications
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.