I have made clear that I’m long XLU in a big way. My view is that interest rates have topped out for the moment, as illustrated neatly by the ultrashort fund on bonds, symbol TBT.
Sensitivity Training
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
2001: A Bond Odyssey
This chart is incredible. It illustrates that the continuous contract of US Bond Futures has returned 0% since the year 2001. Absolutely amazing.
Municipal Bombs
The fund MUB, which is based on municipal bonds, has completed a powerful topping pattern. Its next step? Break the trendline. This is all just part of the overall malaise across the board with all interest-sensitive investments.
Bond Breakdown
As I’m typing this (a few hours into the trading day), all the stock futures are green, but bonds continue to free-fall. The bear market in TLT is truly a sight to behold.
Inverted Ripples
The yield curve is a sight to behold. And remember, you can play with this tool free of charge!
