TBT trade ideas
TBT - US rates stay down...a little longerTBT trying to put a bottom in here with good volume support, a recent gap fill and potential selling climax
However indicators not confirming a bottom/turn up yet. Further, chart dynamics predict more down as the larger Wave 2 wants to finishes lower.
US will likely raise rates relatively soon and sometime later this year, with the rest of the world - just not yet.
Not financial advice.
$TBT Go long TBT as a play on rising rates. It appears that the 10yr has formed a double bottom and is ready to reverse.
The economy is strong and the recovery is going well. The Delta variant is currently peaking so things will only get better going forward.
Technicals look good on the TBT chart and the fundamentals backing the thesis are solid. TBT is a good complement to your portfolio's other holdings and a way to take advantage of a strong economy.
TBT - Next Big Mover?Without too much noise, interest rates appear to be creeping up. In comparing with other trading instruments I watch, it appears to have the biggest potential for a move. As the rising rates indicate an increase in inflation, I've also had my eyes on a few commodities. Inflation has too long been downplayed but we all know the reality of inflation because we are exposed to the reality, not the engineered inflation figures that show there is none. Soybeans have looked interesting (SOYB). Also watching DBA for a broader commodity play. Oil as well. Started taking positions in some like XOM. Could be testing a long term low. Politically, the oil industry appears toxic but such fears often prove to be great buying opportunities. I'm taking some shots here across the inflation spectrum.
TBT - Very short term view that I plan to tryI'm soon to be SHORT Bonds and watching for best entry.
While I'm concerned with the small reaction thus far in TBT but believe the Stock Mrkt is at a reflection point this week.
This is a short term view but I am looking for a LONG on TBT/ and or SHORT on USM20 ----->
EXCELLENT Risk to Reward on TBTWith TLT showing signs of a top and gold on its march to lower lows I see a clear opportunity in TBT. Five impulsive waves up, followed by a 3 wave correction to the 61.8 Fibonacci and is poised to continue upwards... Excellent risk to reward here if you have a stop just below the retrace level...
Feel free to hit me up with any questions!
LIKE, COMMENT, FOLLOW
TRADE IDEA: TBT FEB/JUNE 31/37 UPWARD CALL DIAGONALMETRICS:
Max Loss on Setup: $422
Max Profit on Setup: $178
Break Even Versus Spot: 35.22 versus 35.37
Debit Paid to Spread Width Ratio: 70.3%
Delta: 50.2
Theta: .6
Notes: Tomorrow's the last day on which 2018 tax losses can be realized, so I can foresee some additional, last minute dumpage, followed by the Big Dicks buying the dip on Wednesday to position long anew on this weakness. I would ordinarily position straight up short in TLT, but want the mark left to be as small as possible in the event I'm dead ass wrong, and we continue in risk off mode (which will send TLT higher/TBT lower). I would note that the markets in the back month show somewhat wide at the moment, so the setup may require some fiddling at NY open either with the strikes or the fill price ... .