KOLD and BOIL will no longer screw me, I am the destroyer of GAS
I have been buying BOIL too early and selling it too soon and never really thought about playing both sides with KOLD until now.
I plan to use one of my accounts to test out this hypothesis over the next couple of months until the recession hits or yields actually peak.
I expect bond yields to have a pause the next two weeks. I plan to sell my TLT and TMF positions then. This will be a fake out and get many people to ape into TLT and TMF.
I believe yields will continue to rise and Yellen will continue to sell into this blow off bottom of bonds.
Look at stockcharts.com stockcharts.com...seasonality.php?symbol=KOL...
The seasonality shows that KOLD finishes up on the month 100% in December and 75% of the time up on November.
The opposite is true with BOIL so I plan to sell my KOLD a little early and buy BOIL at its bottom
stockcharts.com...seasonality.php?symbol=BOI...
Flip to BOIL for Jan/Feb and back into KOLD for March. By then TLT should be pumping and yields should be coming down sharply. After that is back into BTC miners
I plan to use one of my accounts to test out this hypothesis over the next couple of months until the recession hits or yields actually peak.
I expect bond yields to have a pause the next two weeks. I plan to sell my TLT and TMF positions then. This will be a fake out and get many people to ape into TLT and TMF.
I believe yields will continue to rise and Yellen will continue to sell into this blow off bottom of bonds.
Look at stockcharts.com stockcharts.com...seasonality.php?symbol=KOL...
The seasonality shows that KOLD finishes up on the month 100% in December and 75% of the time up on November.
The opposite is true with BOIL so I plan to sell my KOLD a little early and buy BOIL at its bottom
stockcharts.com...seasonality.php?symbol=BOI...
Flip to BOIL for Jan/Feb and back into KOLD for March. By then TLT should be pumping and yields should be coming down sharply. After that is back into BTC miners
Comment:
buy zone is still in place look out for a pump in BOIL and KOLD to get back down closer to $142. Remember KOLD does well seasonally in November and December but it can still drop in the begining of November
Comment:
stockcharts.com...seasonality.php?symbol=KOL...
Nov/Dec play will be big prob take my profits from FNGD/FNGU and bet on KOLD once buy zone hits
Nov/Dec play will be big prob take my profits from FNGD/FNGU and bet on KOLD once buy zone hits
-KD
"onward and upward"
"onward and upward"