Bonds seldom mentioned lately. They have mounted a serious
divergence with stocks. Could be Fed related -- traders
front-running Twist 2.0, or it still could be that the bogeyman is
still lurking and big money is camping out in Treasuries.
Either way, TLT is showing strong relative price action --
I'm reading articles that all that money in bonds is going to come
pouring into fuel equities. Charts don't see that yet.
TLT still holding a very bullish configuration.
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Bonds seldom mentioned lately. They
SPX 5 min, daily, 30 min
Posted by kalinm on 19th of Jun 2012 at 03:43 pm
Bonds seldom mentioned lately. They have mounted a serious divergence with stocks. Could be Fed related -- traders front-running Twist 2.0, or it still could be that the bogeyman is still lurking and big money is camping out in Treasuries. Either way, TLT is showing strong relative price action -- I'm reading articles that all that money in bonds is going to come pouring into fuel equities. Charts don't see that yet. TLT still holding a very bullish configuration.