There is volume buying in TLT. It’s trying to stay flat so far. If volume goes away expect it to drop further .Remember when TLT was averaging 150 2-3 yrs ago ? It’s come down to 113. If drops below 110 we could see a huge spike in 10 yr and more market sell off. Market is dependent on who is buying bonds in volume most of us can guess who it is.
greg its concerning that despite the fed and central banks frantic efforts to suppress the yield curve it keeps nudging higher theyve poured billions into it but it clearly hasnt had the desired effect..could it be there on the verge of losing control of the monster they created
Please have a read of this article... I maybe wrong, but is this not huge when the leader of the Catholic Church decrees an order to all of his consenting entities bring all funds back to Rome...!!!
We have a massive 2 Trillion dollar Options Expiry for today 8/19.
So, did Jerome (FED) & Christine (ECB) simply Juice / Pump the Markets recently to help their “friends & Owners” Sell out of their positions today??
Great point
There is volume buying in TLT. It’s trying to stay flat so far. If volume goes away expect it to drop further .Remember when TLT was averaging 150 2-3 yrs ago ? It’s come down to 113. If drops below 110 we could see a huge spike in 10 yr and more market sell off. Market is dependent on who is buying bonds in volume most of us can guess who it is.
you're right - commodities, precious metals, and real assets that has made sense all along - and the MMRI is the best risk indicator - thanks Greg
👀 on Silver
https://youtu.be/6WwU1OCdnv8
greg its concerning that despite the fed and central banks frantic efforts to suppress the yield curve it keeps nudging higher theyve poured billions into it but it clearly hasnt had the desired effect..could it be there on the verge of losing control of the monster they created
you cannot lose control of a game you created with rules you determine.
in this environment anything is possible NEVER say NEVER...
Hope dies last.
https://www.catholicnewsagency.com/news/252093/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30
Please have a read of this article... I maybe wrong, but is this not huge when the leader of the Catholic Church decrees an order to all of his consenting entities bring all funds back to Rome...!!!
What was yesterday’s balance sheet number,up or down? Thanks
👌
Somebody came in at 112 on TLT to buy might be a good place for a call option on it. IMO. But it depends if you think buyers will bid it up
EUR/USD = 1.00450