2Yr Yield creeping up slowly

$TNX is closed atm but if the 2yr is an indication it may open higher

We re-entered long yield after FED day in DEC.
Sold puts on $TYO & bought common
Didn't go heavy because Monthly chart is a tad tough.

Weekly 2yr trading decently above avg's again

So far so good.
We were bullish on STOCKS but that was late Oct/Early Nov, then went bearish for a bit, & are now NEUTRAL.

EDIT:
Keep in mind that in BULL MARKETS items can remain OVERBOUGHT for long periods of time.

Kommentera:

Interesting that the 2Yr reverses AND $TNX open down and going lower