04/22/2023
2 comments
Here is today’s premium video covering:
- An overview of our current macro strategy, our most recent addition and what we are looking out for
- A technical overview of the SP500 and its weakening momentum
- Our thoughts on the recent weakness in technology stocks
- A timeline of our trade on treasury bonds
Excellent. Should be an interesting next 6-12 months.
Another excellent update video. @ 5:38 you mention market momentum will only be able to continue based on fresh positive economic data. Is it possible that Friday’s released PMI figures are catalyst enough especially now that both manufacturing and service PMIs are back into positive momentum (above 50)?
Also, would it be possible to reflect on how the raising of the federal debt ceiling could affect the TLT long bond trade? Given that the US is likely to forgo government default in June/July, would this significant new issuance of bonds suppress TLTs price and for how long?