swissyoungtrader

Positive Divergence in JNK

Long
swissyoungtrader Updated   
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
Could be interpreted as a new risk-on sign into last quarter when FED probably stops hiking aggressivly. #midterms #seasonality
Trade closed: stop reached:
exaggeration in further hike-phantasies (1-GE1! combined FEDFUNDRATE) leads to sell-off in stocks. probably good point to buy stocks, wenn theres beginning sell-off like these? in my opionion next year theres a new word, ... "stagflation".
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