Positioning Watch: Who blinks first?
Hello, everyone, and welcome to our weekly Positioning Watch!
I’m certain that our dedicated readers have noticed the absence of last weekend’s edition, but fear not, we’re back with a vengeance today!
Typically, we release Positioning Watch every Saturday. However, we’ve observed that many of our readers actually prefer to peruse it on Mondays so why not add everything that may occur in a weekend?
Therefore, we’ve decided to shift our release schedule to every Monday. This way, you can kickstart your trading week by reviewing the essential insights from the latest market movements.
With that out the way, lets dive into it
Chart of the week: TLT inflows have been consistently positive for several months, indicating a strong trend. However, early investors find themselves in under considerable pressure.
As for us, we have chosen not to follow suit just yet. Instead, we’ve recently dipped our toes into EUR core bonds. It’s highly probable that TLT will rally in due course.
But those who entered early with leverage are likely anxiously awaiting a call from Mr. Margin these days.
Chart 1: TLT Weekly fund flow vs TLT Price