2022-05-06

Bonds Finally Catch a Bid

Fear is high enough to overwhelm inflation fears for the moment. Not good for stocks yet, but stocks will not bottom until bonds rally. Finally seeing some capitulation in the market.

3 comments:

  1. what does a bond rally look like to you? how many days positive uptrend? thx in advance.

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  2. A rally can be any length of time, but in this case I was looking for a multi-week rally in TLT up to around the 125-130 area, coincident with the S&P 500 tumbling to a tradable bottom around 3700 give or take 100 points. That is isn't rallying makes me nervous, even as a bear, for what could unfold.

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