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The Chartman

Higher Rates Good for Bond ETFs?

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The market didn’t act badly this past week, but if you just looked at Thursday and Friday, it felt awful.

Hopefully most readers saw my trepidation last week and were at least neutral on the market. Not sure I’d start getting bullish until we see an upside break of that downtrend:

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Does the rise in interest rates bode well for the iShares 20+ Year Treasury Bond ETF (NYSE:TLT)? So far, but I’d wait just a bit before buying.

Auto sales are great, right?  You sure wouldn’t know it by looking at auto stocks!

Back after XMAS! Enjoy the holiday!

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