... for a .98 credit. Comments: Targeting the strike paying around 1% of the strike price in credit, adding to my position at intervals, assuming I can get in at strikes better than what I currently have on.
Stock markets often enjoy a seasonal share boost during the festive period. It's been an unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have delivered a mixed performance so far in 2023, amid SVB crisis, high...
The first Tesla Cybertruck deliveries are set to be happen tomorrow, on November 30. Tesla is finally ready to throw its hat into the most important vehicle segment in the US. The long-awaited Cybertruck, with its futuristic design and embarrassing shattered-window reveal, is finally set to enter production in 2023. Its arrival could be a turning point for the...
Due to the apparent formation of a Bullish Cypher on the Daily, combined with the Bullish Push as confirmation on the RSI, and the strong push push in price action above the 200-day SMA, I will be raising my profit target for the EURUSD to the 100% retrace up at $1.114 as the 100% retrace would be the standard target for a Cypher and the TLT has outperformed which...
I'm huge ultra BULLISH on US treasuries currently, so please excuse my bias. Not in any specific order, however here are all the factors in this thesis... 1. Interest rates have dramatically increased since Jan 2021, and the overall bond market, including treasuries, had its worst 2 years on record, going back to 1915. 2. Since Nov 2022 just after Halloween,...
... for a 1.00 credit. Comments: Continuing to ladder out at strikes at or below the cost basis of my current, longer-dated covered call. Going out to June here, since I have "rungs" on in April and May already.
EURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting...
TMV on the 4H chart appears to be reversing a trend down since 12/28. YTD it is rising. The reasonable target is the Fib 0.5 retracement at $40 while support for a stop loss just below the POC line of the volume profile is $29.25. As such this is a 35% upside. The RSI indicator shows the fast RSI rising and crossing over the slower RSI while the relative...
Macro Monday 30 U.S. Net Treasury International Capital Flows In essence the U.S. Net Treasury International Capital Flows (US TIC Flows) refer to the movement of funds into or out of the United States through the purchase or sale of U.S. Treasury securities by foreign investors and governments. These flows of capital are an essential component of the overall...
Here is a long term view of long term US Gov't interest rates. Long term is defined as 30 years and is a common bond owned by pension funds and insurance companies and other long term investors with long term obligations. I highlight the various ranges of interest rates as shown in these 4 boxes and the few moves that temporarily moved interest rates outside...
Bank of America says the recession and credit crunch could lead to large corporate defaults. Credit strategists at Bank of America note that the fallout from the recession and credit crunch could see $1 trillion in corporate debt eventually become insolvent. This is largely due to the fact that banks have already begun to refuse lending conditions after the...
US stocks surprised much of Wall Street this year with a strong run that defied decades-high interest rates and recession calls. The rally was fueled by slower inflation and hype over artificial intelligence. But more recently, the Federal Reserve's unwavering higher-for-longer rate stance and a deepening bond-market rout have had a sobering effect on equities...
Caught in the twin grip of elevated US yields and a stronger USD, Gold may be on the defensive over the near term unless geopolitical risks still escalate. Escalating geopolitical and trade risks are playing an increasingly supportive role in Gold prices, engineering rallies that are likely to stay high in 2024. Gold Price Clinging to Highs Under $2'000. The...
TLT is at a very well-defined resistance level and overbought. The MACD is also elevated to the same level where we last saw a steep reversal in the price of TLT. To short TLT, I suggest the triple inverse ETN of TLT called TMV.
NASDAQ:TLT Resistance at $100 Pivot, Friday December 15, 2023 NY Fed President Williams stated on CNBC, "We aren't really talking about rate cuts right now." This seemed to conflict with Jerome Powell's post-meeting press conference. It does not matter what they say it will show up in the charts and our algorithms.
Primary Chart : Monthly Chart of TLT Showing Multi-Decade Support Levels. A fair amount of charts have been published lately on the importance of interest rates, and conversely, long-term bonds, government or high-yield bonds. One well-known TradingView publisher @scheplick went so far as to describe the chart of the US 10-year yield as the most important chart...
... for a .42 credit. Comments: Down ... and out. Originally collected .95 (See Post Below); with the .42 here, 1.37 total.
... for a .97 credit. Comments: Alas, this could not be meaningfully strike improved, so just rolling it out as is. The deeper the in-the-money it is, the farther out in time you have to go to get paid something decent ... . Collected .79 originally (See Post Below) plus the .97 here for a total of 1.76.