| To: Real Man who wrote (23025) | 8/2/2024 6:56:40 PM | | From: Rarebird | | | | Look at the chart of TLT:
schrts.co
It has gone parabolic and is due for a retrace.
It closed at the December high.
The good news is ISM services comes out on Monday. Another weak number may be a good opportunity to take some profits. I am very overweight TLT.
I do see higher TLT down the road, but it is getting pretty extended now.
On the other hand, TLT is the place to be during the early phase of an easing cycle.
Hopefully, Monday will oblige. |
| | The Philosophical Porch | Pastime Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| To: Rarebird who wrote (23027) | 8/2/2024 7:13:57 PM | | From: Rarebird | | | | | Amazon did something yesterday that tells me it is looking to save money any which way it can. I ordered a small tube of Polysporin a couple of days ago. In the past, Amazon would just send the tube in a small plastic envelope. But this time it sent the small tube of Polysporin inside a big box with half of my monthly subscriber orders 5 days in advance of when I was suppose to receive it. Not that I object, but it does speak volumes. Amazon never did this before. |
| | The Philosophical Porch | Pastime Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: Rarebird who wrote (23028) | 8/2/2024 7:17:29 PM | | From: Rarebird | | | | | USA may already be in a recession. The consumer is spent out and in over its head in debt. If you listen to company conference calls, like I do, you will hear this recurrent theme from most companies. |
| | The Philosophical Porch | Pastime Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: Investor2 who wrote (22981) | 8/2/2024 10:16:26 PM | | From: Rarebird | | | | I went on the Schwab web site to place a order for a 6 month T-Bill and I get this message before I make the trade:
" It is possible that rates on Treasury securities purchased at auction could be negative resulting in a loss to you."
How is that possible if I am buying a 6 month T-Bill?
What on earth can that mean? It only makes sense if rates are at Zero or negative, which they are not at the present time? |
| | The Philosophical Porch | Pastime Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| |
