Treasuries are the honey badger of asset classes now. Despite a stronger tape, albeit rapidly weakening, TLT is unchanged–because smarter money knows what’s coming.
Just to let you know where I am now: mostly cash. I have 25% in TLT, up 6 points from basis, 33% in SPY, and the rest cash. I have zero desire, whatsoever, to take on non-systematic risk with individual longs now.
We’re in a bear market; trade accordingly.
That being said, Jeff Macke, Raul and Option Addict will be hosting our second online bootcamp, starting in a few weeks. If there is demand, we will do these once per quarter.
Macke will go over his investment philosophy in a live webinar for two days and Option Addict will discuss market technicals and set ups for another two. Raul will wrap it up with a live Exodus demo. There is extreme value add to this event. I strongly recommend coughing up the pittance for admission to get some hands on intel regarding whatever the hell this market is doing right now.
Details to follow.
If you enjoy the content at iBankCoin, please follow us on Twitter
