TFMkts Best Ideas: New Ideas and Updated History

Posted by on May 7, 2012 in Uncategorized | No Comments


Short treasuries. Short the long bond (or TBF in ETF’s). The economic data, while weak, wasn’t that bad. We aren’t getting QE3 anytime soon, and any good data good be enough to cause a quick reversal. Europe in the process of reverting to old currencies, but they don’t admit that yet, and are likely to come up with something gives markets confidence, if only briefly.

Buy HYG: Cover the HYG short. HY bonds are rock solid. Even Friday there was a decent bid for them.