On this 4H chart- TMV the leverage bear Treasuries ETF has been trending up in a parallel channel. AT present it bounced from the top of the channel and is heading down to the bottom of the channel. It is there that I will trade long where the bottom of the channel is confluent with the mean VWAP providing an overlap of dynamic support. Near that same level is...
TMF as shown on a 15 minute chart shows TMF in consolidation at the beginning of the weeks followed by a downtrend when the fed news of the rate hike came out. Today the general market dropped after some federal financial data came out and a treasury auction was a dud with little buyers confounded by Bank of Japan actions inconsistent with the path of the US...
TLT as shown on a 30 minute chart shows TLT in a narrow range last week and then a pivot down to begin this week followed by a downtrend and a small correction until then the fed news of the rate hike came out. Today the general market dropped after some federal financial data came out and a treasury auction was a dud bond auction with little...
US02Y up ~6% US10Y up ~0.12% Definition of a Bear Flattener = market go down. Is it a perfect indicator? Of course not. But the tendency is that bear flatteners mean money is coming out of the market and going into short term bonds where it can come out of the quickest if market turns around. So the short term bonds act as a kind of pump/dump for the market. We...
Put together a chart to illustrate what happens when government treasury yields converge at the same amount at a market peak. They consistently roll over and tank. When yields tank, bonds go up in value. Looks like a good spot to pick up some TLT.
The selling in bonds continues as inflation continues on. Wings in my area are almost $10/lb, highest i have seen this in my life (only 28 tho). Most of the time I check to see if there is any short term bond buying, this time however, short term bonds are selling too. It would seem that investors are spooked, Investors really have no where to run at this point....
Not much to say here. In my honest opinion, Bonds are on watch. We could very clearly see an inversion here. Especially if the Fed raises rate or even enters QT.
Bonds have consolidated as we have expected. We are seeing strong support at 130'19, and appear to be forming a flag pattern bounded by 130'07, and 131'02. The Kovach OBV is trending up slightly, suggesting a small bull bias. From here it could go either way. The Fed is discussing tightening, which would be bearish for bonds, but persistent risk off sentiment...
The S&P 500 is on track to close its seventh consecutive month with gains after another record close on Wall Street. For many investors, August was a surprisingly strong month for equity markets, with the S&P 500 up more than 3% for the month and the technology-heavy Nasdaq 100 up as much as 4%, marking its third straight month of gains. Markets in Asia performed...