iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,347 Blog Posts

Fly Buy: $TMV

Yields cannot stay down for long. The divergence between stocks and yields is a wide open void. It will close. Hence, I am long TMV — short bonds 3x.

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2 comments

  1. numbersgame

    It *will* close, on that we agree. Yields on 30-yr just hit 3%, so a big move is coming. Not sure what direction in the short term, but the stocks have enver been the “smart money” vs bonds.

    In other news, minor earthquakes at Popocatepetl volcano
    http://www.cenapred.gob.mx/cgi-bin/popo/reportes/ultrepi2.cgi

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  2. ferd

    Bah. Bonds at support …also, mo indicators and lack of close support after this gappy run in the SPX argue for shorting stocks instead.

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