About this episode
Lance explains why he took a long position in TLT, and bought call options on TLT for December in his personal account; not in clients' accounts...yet. That's because there is an extreme level of pessimism about Bonds: The options skew on bonds is as negative as it has been going back to Bonds' rally last November. Everybody is back to hating Bonds again, which is great for Bonds. There has been a big retracement in yields; they're very over bought currently, very stretched and deviated from long term moving averages. Today is the 20-yr bond auction, with dealers driving up yields and driving down prices; we'll see where things end up after the dust settles. Post-election will likely see lower yields with attention focused back no the Fed and lower rates. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=-G4I_NnvR74&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Donald Trump Or Fundamentals? Whats Irking The Bond Market" https://realinvestmentadvice.com/donald-trump-or-fundamentals-whats-irking-the-bond-market/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BondPessimism #BondHaters #TLT #20YearBondAuction #BondYields #BondPrices #MarketRecords #AllTimeHighs #MarketCorrection #MarketBullishness #Negativity #HigherHighs #UpwardTrendline #InterestRates #IsraelIranWar #BullMarketRisk #SeasonalBuySignal #CPI #CPITrigger #Inflation #MACD #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #InvestingThesis #Money #Investing