The TLT includes US Bonds maturing between 20 and 30 years. The TLT chart shows no fear of the US FED raising rates. It looks strong and higher prices should be expected in the months ahead. Higher prices means lower average bond yield or lower interest rates are expected. Simply the folks supporting the TLT price do not believe the FED is on a long term rate hike plan.
The chart below is showing off RTT NetVolume tools.(RTT = readtheticker)
Investing Quote…
..”Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities.”…
Jesse Livermore
..“How many millionaires do you know who have become wealthy by investing in savings accounts?”..
Robert G Allen
..“It’s not what you own that will send you bust but what you owe.”..
Anon
..”The key to making money in stocks is not to get scared out of them”
Peter Lynch
..“It is much harder to sell stocks correctly than to buy them correctly.” Because of the emotional aspect of trading, if a “stock went up, the average investor would hold because he wants more gains – he’s exhibiting greed. If the stock declines, he also holds on and hopes the stock will come back so he can at least sell and break even – he’s hoping against hope”..
Bernard Baruch
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