NASDAQ:TLT ISHARES 20+ YEAR TREASURY BOND ETF
22 days ago
After such a steep and brutal sell-off, the technical picture for TLT in the longer term still remains intact. This move that began in 2014 will not end like this, what with interest rates at historic lows all over the world. The FED can claim to hike in Dec, but I never focus on what they say, but rather on they do. Just try and remember what they claimed to do at the start of 2016 ... can anyone remember the call for 4 hikes in 2016? Which then became 2? And then now, it seems we will be getting 1 in Dec? My assertion is higher prices for TLT in the days and years to come. Great opportunity to go long TLT with the market front-running the US Fed.
18 days ago
Comment: Stock market still powering ahead, but TLT seems to have halted its rapid descent. A short term bottom could have formed for now. The risk-on event is 5 Dec, when Italy votes on the referendum ( read this for more info - http://bit.ly/2eZOtBl ). What I would like to see is some sideways action between now and the 5th and then a strong move higher with good price action.