$TLT

TLT has been bottoming at a strong weekly line near 7877 and now sits just above at 8125; as a roughly 25-year duration bond fund it rises when 10-year yields fall, and yields have come down nicely despite more Iran-related pain.

Bullish
“F**K: "Restarting Strikes"”
Meet KevinPublished Oct 22 · 1 passage

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Probably things like TLT. TLT we've been talking about as bottoming out on a very strong weekly line of 7877. We are now sitting just above that at uh 8125. And this about 25ish year bond duration fund uh is moving in the same direction as the 10-year yield.

Uh so in other words, TLT stock goes up as yields come down and yields have really come down nicely even in the face of more pain around what's happening with Iran.

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