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Trading with The Fly

Dr. Fly
Indeud

Markets Slide; Bonds Ride

Dr. Fly Wed Jun 1, 2016 9:50am EST 2 Comments

Sorry that was very corny. But that’s life when your only position is a fucking government bond. This month’s dividend for TLT reduced my cost basis to $119.37. Not bad for a boring bond that is supposed to tank because the Fed is hiking and stocks are so fucking awesome.

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This is the easiest money I ever made.

Expect the tone to get bearish, as the Fed and BREXIT vote looms. I’m not trying to urinate on your parade. Truly, I’m not. I’m trying to soil on it.

Crude is the standout here, off by 2.3%.

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2 comments

  1. vampyr
    vampyr
    June 1, 2016 at 9:56 am

    Shapeshifting much?

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  2. berniecornfeld
    berniecornfeld
    June 1, 2016 at 10:17 am

    Hater gonna Hate

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