ZB1!
What is happening in interest rates market? ExplainedI got a few questions about interest rates this week. Well, I don’t understand why people are waiting for some disaster in this market. Commercials are selling 10-year Nonets and buying 30 year Bonds. That means smart money expects that short-term rates are going to go down and long-term rates are going to stay where they are. This is a bullish yield curve development and a normal market. However, it doesn’t mean a huge rally is about to start in Bond market. It will take time. Short-term rally? – Well, possibly if on Monday we get above Friday’s high. But be realistic about your potential targets.
As we saw before, they can't both be right. Take your pick!SPY and TLT have been trending up since june (red line), for close to 3 months. Which one is right? My money is on the smart money like in March. Also note that the dollar shows signs of bottoming.
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Bonds are on the move again?! Follow the smart money.
Nice inverted head and shoulder!
What will it mean for stocks you think?
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!