if TLT is selling off, wouldn't it make sense for HYG to join in
the selling party? I realize the fed is buying HYG, but they
have to slow down or stop at some point. I also don't
understand why TLT would sell off when we are kind of close to a
top in the S&P or at least extended. Shouldn't
institutions be buying TLT?
TLT Daily View Updated
Posted by steve on 4th of Jun 2020 at 12:08 pm
TLT - Chart Link - see chart annotations
if TLT is selling off,
Posted by erikvik on 4th of Jun 2020 at 12:13 pm
if TLT is selling off, wouldn't it make sense for HYG to join in the selling party? I realize the fed is buying HYG, but they have to slow down or stop at some point. I also don't understand why TLT would sell off when we are kind of close to a top in the S&P or at least extended. Shouldn't institutions be buying TLT?
When it turns it turns
Posted by steve on 4th of Jun 2020 at 01:20 pm
When it turns it turns - respect the trend until evidence changes. As far as HYG, it's slightly lower today following yesterday's doji