Just some evening work on the $VCLT chartI describe some of my thoughts here on what the situation is with $VCLT. Should be an interesting one to watch going forward.
I apologize for not going incredibly in-depth here. This is a chart I have done some work on already and I am just sharing the work I wanted to do this evening.
Key stats
About Vanguard Long-Term Corporate Bond ETF
Home page
Inception date
Nov 19, 2009
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
VCLT holds a broad portfolio of long-term investment-grade corporate bonds. Like all long-term bond funds, it is highly sensitive to long-term interest rates, but its high weighted-average credit rating means that its credit risk is very small. The fund includes USD-denominated, fixed-rate, taxable securities issued by industrial, utility, and financial companies with more than 10 years until maturity. The Fund invests using a sampling process that selects a representative sample of securities to capture the index key risk factors and other characteristics. The Index undergoes monthly rebalance and reconstitution.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
5 ways to play the current macro environmentWhy We Rallied
It's been a strong few months for the S&P 500, which is up about 13% from the October lows. There were five reasons for the rally:
1) P/E ratios got attractive, especially for small-to-mid caps.
2) Inflation peaked, which historically has sometimes marked the bottom for stocks.
3)
$DXY a signal for corporate bonds? NASDAQ:VCLT INDEX:DXY
I think there is some negative relation between $DXY and $VCLT.
Therefore watch out what the $DXY is doing Since it seems that when it goes up $VCLT goes down.
Dollar strength not good for long term corporate bonds it seems.
I imagine that it's because the market goes into
Gov and corporate do not provide the same safetyShown : 1 Month performance comparison between $TLT ( US LT bonds) and two LT corp Bond ETFs $VCLT $HYG.
I imagine many people switched to corporate bonds over the years because the yield on Gov Bonds was just way to low for them and instead of trying to adjust lifestyles we prefer to take more ri
Hunt for YieldFor those that like to allocate their portfolios VS. active trading. Should take a look at this ETF. It is one of the cheapest on the market.. Now to the Asset class, it will pay you over a 4% yield from where it is now. An entry below 90$ a share will give you a higher return on your investment ove
Very Well Definded Bull TrendOkay, so this is not Bitcoin (har, har) but the reason I did this was I was curious as to what my other investments were doing. As it turns out there was a very clear trend channel that formed while I wasn't looking for I think 2 years (yeah, set and forget investment LOL).
StochRSI divergence mean
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.