VGLT - Correction to 72 USDFirst Target 72 USD; then, the last leg down will start, maybe it will not go past the lows but that will be the real capitulation and where I'll be ready to buy.
Key stats
About VANGUARD SCOTTSDALE FUNDS LONG-TERM TREASURY ETF
Home page
Inception date
Nov 19, 2009
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
The fund is passively managed to invest across the entire long-term US Treasury spectrum (10 years and longer), excluding inflation-protected bonds. Its long effective duration, weighted average maturity and yield-to-maturity naturally exposes investors to higher interest rate risk, but not any more than is market-like. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
VGLT $VGLT Continuation ShortVGLT $VGLT Continuation Short. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: VGLT is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on ch
SHV Divergent more prominent in New AgeGenerally a long Inverse correlation to SPY. This fund is useful as a highly divergent indicator to SPY. Long
risk reward is on the long sidenice support on price as well as rsi low point has proven to be a decent entry. LONG. which also means I dont think rates are going much higher
Will bonds bounce?After a devastating drop due to rising 10-year yields, the VGLT treasury bond fund is sitting right atop strong support at both the 200-week moving average and the 50-month moving average:
My guess is that for purely technical reasons we get a little bounce from here, with a green day for bonds a
Can't believe it took me this long to realize I should buy VGLTEarlier this year, investment bank JP Morgan smashed estimates because it had bought a bunch of long-term bond funds ahead of last year's interest rate cuts, and the funds increased in price accordingly. (When rates go down, long-term bond prices go up.) I've been expecting futures markets to start
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.