Entry: Price broke through the 4H and 1D swing highs. Will be looking for longs/buys if the market taps the bullish zone.
Stops: Close below the all time lows will invalidate the idea.
Take Profit: Discretionary.
Bullish Falling Wedge continues on TLT. Inflation Data is screaming higher for longer, however the Bond Market continues to "prophesy" a Pivot from the Fed. Does the Bond Market see a massive Bank Failure Event in the near future?
... for a 1.55 credit.
Comments: Probably the last addition to my TLT short put ladder for now. Selling the 83's, targeting a break even that is coincident with the 52-week low.
A basic bet that the Fed cuts rates ... at some point ... with the additional notion being that I won't have to hang out in it nearly as long as the DTE suggests when they do. ...
TLT has been in a broadening wedge and formed a falling wedge within the larger pattern.
Price bounced off the lower supoort trendline in the mid-morning of trading then rising
to break out of the falling wedge. I see this as an opportunity to take a long trade in TLT
and close out a TBT position at the same time. This reversal may be due to the value...
This is a possibility for TLT brought to you by Goodtexture who is hoping you can appreciate this artwork for its noble character and enthusiastic reprise
... for a 1.19 credit.
Comments: Laddering out at intervals ... . Targeting the strike that would result in a break even around the 52-week low on weakness here. A basic bet that the Fed cuts rates ... at some point.
I already have rungs on in July through Nov, so adding one here in Dec. This is complimentary to the covered calls I have on In January (See...
Major buying under 92.66 . The day closed higher even after briefly touching a new low.
Fed Chair Powell : Long-term goal is to move to a balance sheet that's mostly treasuries
Source : www.youtube.com
... for a .55 credit.
Comments: With the June 86 at greater than 50% max, rolled it down and out to the November 15th 83 for a .55 credit (where I currently don't have a "rung" on). I collected .93 for the June 86; with the .55 here, I've collected a total of 1.18.
Primarily looking to reduce a smidge of risk in this position, since my highest strike is at the 86.
Broke out of a falling wedge pattern. Oversold on the 1hr. There's a great risk to reward ratio here. Set your stop losses accordingly.
Uncertainty still looms...
I dowse stocks and this morning it told me to let the pendulum pick. This seldom occurs, but it went to TLT. It has very bullish energy. Idk if there's news of some sort, or what, but this will be a very large move probably within the next week. Possibly later today.
I'm not going to post a target because it seems too unlikely to hit the answer I have, but I'll...
... for a 1.08 credit.
Comments: Laddering out on weakness, targeting the strike paying around 1% of the strike price in credit at or below the cost basis of the shares I've currently got.
... for a .98 credit.
Comments: Laddering out at intervals at strikes between 85 and 82, assuming they're paying.
This is naturally longer-dated than most will want to go, but is part of a TLT position made up of covered calls (stock + short call) and short puts, so that I'm getting paid for (a) short call premium; (b) dividends; and (c) short put premium over...
If it was Rocky Balboa vs the NASDAQ:TLT I'd take the TLT every time..
Not only is TLT Bull Flagging on the dominant chat, it also formed a mean double bottom.
Combined with the divergent and imminent positive crossing on the CCI, i'd say we have one hell of a breakout on our hands Coming Soon™
Tomorrow it's time again: The US inflation data will be released. Over the past two years, the significance of this report has increased significantly, as it allows conclusions to be drawn about the future monetary policy of the Fed. Accordingly, the monthly event is associated with a lot of volatility, comparable to that seen when the labor market data is...
This week the TLT long-term US Treasury bond ETF bounced from a key support level.
Meanwhile, the three-month rate of change on core PCE—the Fed's preferred inflation measure—dropped to 2.2%, near the Fed's 2% target. With a looming government shutdown, we're also seeing the first serious Congressional effort to impose fiscal discipline in a long time. Any...
