AlphaBull_10M
$TXN $TLT Global bond selloff + rising oil prices on renewed attacks are pressuring the market.
There are several factors that are pressuring global inflation and soaring long term bond yields, but Iran war has the biggest impact at the moment. BoJ and Bassent’s recent effort to strengthen the Yen has mostly reversed now.
Treasury will be doubling long term bond buyback starting on Sept 9 through Nov 4, and with upcoming jobs report, CPI, PPI, FOMC, and Clairity Act through Sept. 16, the market is expected to be jittery and volatile.
Historically Sept/Oct months during midterm election years performed weak, so be cautious.
I’m usually 90% long side trader 90%, but during next 2 months I expect to:
1) Increase short side consideration with market futures and sector ETFs
2) take quicker profits
3) reduce or increase the DCA distance
$SPY $QQQ $BTC.X
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