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HEADLINES:

Fixed Income Momentum - May 2013
Ploutos • Mon, May 6 • 5 Comments
The Coming Bond Market Collapse: 3 Ways To Escape The Damage
Wall Street Wisdom • Sat, Apr 27 • 33 Comments
Bond Market Review Q1 2013
Ploutos • Mon, Apr 8 • 7 Comments
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Fixed Income Momentum - April 2013
Ploutos • Tue, Apr 2 • 8 Comments
Strategies For A Rising Rate Environment: Inverse Bond Funds
Robert Wagner • Wed, Mar 27 • 14 Comments
Fixed Income Momentum - March 2013
Ploutos • Fri, Mar 1 • 10 Comments
50% World-Wide Debt Forgiveness: Creditors And Debtors Could Both Win
Larry Trefz • Fri, Mar 1 • 29 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
Best-Performing Leveraged ETFs Year To Date
Bespoke Investment Group • Tue, Feb 12 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
Fixed Income Momentum Strategies - February 2013
Ploutos • Fri, Feb 1 • 6 Comments
Is It Finally Time To Short U.S. Treasury Bonds?
Maxsoar • Thu, Jan 10 • 16 Comments
Inverse Treasury ETFs Rally As Bonds Off To Worst Start In Years
Tom Lydon • Wed, Jan 9 • 2 Comments
2012 Bond Market Review And Outlook For 2013
Ploutos • Tue, Jan 8 • 28 Comments
Fixed Income Momentum Strategies - January 2013
Ploutos • Mon, Jan 7 • 2 Comments
Your Long-Term Risk Vs. Reward Investment For 2013
Joseph Reinke • Thu, Dec 27, 2012 • 30 Comments
U.S. Treasuries Bubble? TMV Or Not TMV
Rich Rezny • Wed, Dec 19, 2012 • 9 Comments
5 ETFs To Protect Against Rising Interest Rates
Tom Lydon • Mon, Oct 15, 2012 • 3 Comments
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments

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U.S. Treasuries Bubble? TMV Or Not TMV
Rich Rezny • Wed, Dec 19, 2012 • 9 Comments
ETF Spotlight: Direxion Daily 20-Year Plus Treasury Bear 3x Shares
Tom Lydon • Thu, Feb 10, 2011

Fixed Income Momentum - May 2013
Ploutos • Mon, May 6 • 5 Comments
The Coming Bond Market Collapse: 3 Ways To Escape The Damage
Wall Street Wisdom • Sat, Apr 27 • 33 Comments
Bond Market Review Q1 2013
Ploutos • Mon, Apr 8 • 7 Comments
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Fixed Income Momentum - April 2013
Ploutos • Tue, Apr 2 • 8 Comments
Strategies For A Rising Rate Environment: Inverse Bond Funds
Robert Wagner • Wed, Mar 27 • 14 Comments
Fixed Income Momentum - March 2013
Ploutos • Fri, Mar 1 • 10 Comments
50% World-Wide Debt Forgiveness: Creditors And Debtors Could Both Win
Larry Trefz • Fri, Mar 1 • 29 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
Best-Performing Leveraged ETFs Year To Date
Bespoke Investment Group • Tue, Feb 12 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
Fixed Income Momentum Strategies - February 2013
Ploutos • Fri, Feb 1 • 6 Comments
Is It Finally Time To Short U.S. Treasury Bonds?
Maxsoar • Thu, Jan 10 • 16 Comments
Inverse Treasury ETFs Rally As Bonds Off To Worst Start In Years
Tom Lydon • Wed, Jan 9 • 2 Comments
2012 Bond Market Review And Outlook For 2013
Ploutos • Tue, Jan 8 • 28 Comments
Fixed Income Momentum Strategies - January 2013
Ploutos • Mon, Jan 7 • 2 Comments
Your Long-Term Risk Vs. Reward Investment For 2013
Joseph Reinke • Thu, Dec 27, 2012 • 30 Comments
5 ETFs To Protect Against Rising Interest Rates
Tom Lydon • Mon, Oct 15, 2012 • 3 Comments
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments
Bond Index ETFs For Rising Interest Rates
Tom Lydon • Wed, Sep 19, 2012 • 2 Comments

There are no Transcripts on TMV.

Peter Brimelow: QE3 rules — for now

at MarketWatch.com (Sep 17, 2012)
The Guru's Corner: What do Bill and Warren know that we don’t?

at MarketWatch.com (Apr 4, 2011)
ETF Investing: ETFs that short Treasurys suffer big losses

at MarketWatch.com (Aug 8, 2010)
ETF Investing: These Treasury ETFs rally when markets are roiled

at MarketWatch.com (Jun 27, 2010)
Bond Report: Bond yields monthly drop biggest since March 2009

at MarketWatch.com (May 28, 2010)
Bond Report: Treasury yields rise by most since March

at MarketWatch.com (May 27, 2010)
Bond Report: Treasurys down; 5-yr sale at 13-month low yield

at MarketWatch.com (May 26, 2010)

TMV vs. ETF Alternatives

TMV Description

The Direxion Daily 30-Year Treasury Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the 30-Year Treasury Index. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Government Bond ETFs
Asset Class Performance: Bonds

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, May 16, 10:10 AM More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). 6 Comments [U.S. Economy]
Thursday, May 16, 8:38 AM SPY -0.3% premarket, giving up small early gains after a big jump in jobless claims and a rather shocking decline in housing starts. Starts were off 16.5% from March, but up 13.1% Y/Y. On a more hopeful note, building permits were up 14.3% from March, up 35.8% Y/Y. Treasurys catch a bid, TLT +0.5% premarket. Homebuilders ETF: XHB -0.2%. Comment!
Monday, May 13, 8:50 AM Stock index futures move to session highs following the big beat on retail sales, SPY -0.1% premarket. Excluding a 4.7% decline in gasoline sales, retail spending grew 0.6% in April. Bond prices continue their recent slide, the 10-year note off half of a point. The yield may challenge 2% today. TLT -0.9% premarket. 4 Comments [U.S. Economy]
Friday, May 10, 10:35 AM Bill Gross (BOND) attempts to ring a bell, calling the 30-year bond bull market over as of April 29, 2013 (while pushing Pimco as the one to help navigate in this new world). The 30-year Treasury yield touched 2.8% at April's end. Including a 9 bp pop today, the yield now stands at 3.08%. TLT -1%, TBT +1.9%. 6 Comments [U.S. Economy]
Thursday, May 9, 1:47 PM Massive doesn't begin to describe the move into the ProShares Ultra 7-10 Year Treasury ETF (UST) last Wednesday as the $12M AUM fund went to $833M overnight. It was accompanied by a 53% increase in the $3.75B iShares 3-7 Year Treasury Bond ETF (IEI), suggesting someone (or ones) making a large bet targeting the middle of the Treasury curve. The moves came following FOMC minutes at which it indicated a readiness to increase QE as needed. 6 Comments [U.S. Economy]
Thursday, May 9, 6:23 AM "Today government bonds should come with a warning about interest rate risk," a university fund manager tells FT, which says many university endowments have slashed their U.S. Treasury (TLT, TBT) holdings from as high as 30% of AUM during the crisis to as low as zero currently ("everyone" has less than 5%, one manager claims). Holding fast to larger allocations may require a fleetness of foot going forward in order to avoid capital losses if (or when) rates rise, a style of investing not suited to endowment managers. 1 Comment
Wednesday, May 8, 12:29 PM "There is no safe haven in today's markets," says Paul Singer, speaking at the Ira Sohn conference, and blaming the distorting effects of QE. While not yet advocating shorting Treasurys (TLT, TBT), Singer says those long need to know they're trading at the wrong price, perhaps 50-100 basis points too low. 1 Comment [Breaking News, U.S. Economy]
Monday, May 6, 3:29 PM This time is different for Treasurys (TLT, TBT)? "The Fed has been very transparent and their transparency should help offset the risks that were experienced in 1994," says JPMorgan's head of rates Edward Fitzpatrick. He's joined in this opinion by others who ought to know better, including Templeton's Michael Materasso and Vanguard's Gemma Wright-Casparius, all of whom attribute the 1994 rout to communication, not a crazed buildup in leverage. 2 Comments [U.S. Economy]
Friday, May 3, 3:13 PM "Bonds are acting like the bond market is manipulated ... because it is," says Jeff Gundlach, as QE is far more of a put on Treasury prices (TLT -2.3%) than it is on stocks. A salve to bond bulls on a day when the yield on the 30-year is 14 bps higher, Gundlach says yields won't go on a sustained rise anytime soon because QE is going nowhere. A favorite of the bond bears, TBT +4.6%. 7 Comments
Thursday, May 2, 8:36 AM More on the big drop in jobless claims: At 324K, it's the lowest level since January 2008. The 4-week moving average fell 16K to 342,250. S&P 500 futures remain +0.5%. Treasury prices slip, TLT -0.6%, TBT +1.2% premarket. 18 Comments [U.S. Economy]
Tuesday, April 30, 9:07 AM "View the 'fruit' debt the way we used to view IBM issues ... perfectly timed in retrospect," says Kevin Ferry, tweeting about Apple's prospective debt offering. Back in the day when rates actually fluctuated, IBM had a remarkable knack for issuing at the cycle lows in yield. The 10-year Treasury yield hits another YTD low, -2 bps to 1.65%. TLT +0.4% premarket. 1 Comment [Financials]
Friday, April 26, 8:45 AM More on the Q1 GDP (first estimate) miss: Government spending slowdown continues, with real federal government spending off 8.4% vs. 14.8% in Q4; defense spending off 11.5% vs. 22.1%. Real PCE +3.2%. Nonresidential fixed investment +2.1%. Real exports +2.9%, Real imports +5.4%. Real final sales +1.5% vs. 1.9% in Q4. Inventories added 103 bps to GDP in Q1 after subtracting 152 bps in Q4. SPY -0.3% premarket. The long bond pops half of a point. TLT +0.8% premarket. (full report) 68 Comments [U.S. Economy]
Thursday, April 25, 10:16 AM SocGen's Al Edwards doesn't disappoint his fans, believing the S&P is headed to 450 and gold to $10K. Most interesting is this chart on bond yields vs. forecasts. Forecasts in the deeper past essentially matched actual yields, yet for the last decade estimates have consistently called for "normalization," i.e. higher rates, but it's never happened. "Consensus has still not accepted that we remain locked in an Ice Age environment that will see U.S. (and U.K. and German) yields (TLT, TBT) converge to Japanese sub-1%." 1 Comment [U.S. Economy]
Wednesday, April 24, 8:47 AM The long bond moves higher (yield declines) following the soft durable goods report. In addition to the weak March print, February's 5.6% gain was revised down to 4.3%, with nondefense ex-transport orders revised down to -4.7% from -2.7%. Higher previously, the 30-year yield is now off one basis point to 2.9%. TLT flat premarket. Comment! [U.S. Economy]
Friday, April 19, 1:20 PM BlackRock fixed-income chief Rick Rieder tells the WSJ he was a big buyer of the long bond (TLT) in early April, believing the BOJ's massive easing and weak U.S. economic data would ensure a firm bid for the paper. Bonds, of course, have rallied strongly since then. Well played? In an April 8 interview with the FT, Rieder said he was worried about higher rates and favoring shorter durations. Check. 2 Comments [U.S. Economy]
Wednesday, April 17, 1:19 PM The 10-year Treasury yield touches a YTD low of 1.67% as the world's most hated asset confounds the bears again. How long before TBT is renamed the widow-maker trade a la JGBs? Trailing the S&P 500 in 2013 by 1500 basis points not long ago, TLT has narrowed the margin to about 650 bps. 2 Comments [Financials, U.S. Economy]

ltfinger
Returning Upgrades (5/3/13): $PBH, $PH, $POOL, $SCOR, $SM, $TBT, $TMV, $TREX, $TSO, $UCO, $USO, $WHR
May 6, 9:32 AM
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Justin M. Hall
10/4/12 2:55P ET: { Heads Up } Short T-Bond Funds Are on the Move Up - Again (TBT, TMV, SBND). Big Move Potential Here (links below).
10/4/12
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Will Erlandson: I only like to pay that much premium on larger stocks that I can sell front month calls against.
10/4/12
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Justin M. Hall: Will, I like your strategy. I do things a bit differently, but both methods will work. I also tend to make conservative recommendations.
10/4/12
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bigdividendsonly
TMV gone at 52.85.. 2 buck short term gain..
9/27/12
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Perkins Cove: Always...LOL
9/27/12
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bigdividendsonly: LOL even backwards is still the same....
9/27/12
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Justin M. Hall
9/18/12 3:47P ET: Now trading below its 200-day MA, (TLT) is likely to roll over and head south. Buys include TBT, TMV, SBND.
9/18/12
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Justin M. Hall: Telling: Today, TLT hit its head on the 200-day MA and sold off.
9/18/12
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Justin M. Hall
9/17/12 4:07A ET: In August 2012, I identified the Bubble in U.S. T-Bonds (TLT). Buys include TBT, TMV, SBND. http://bit.ly/QvFYHf
9/17/12
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Justin M. Hall: TARGETS => On or before 1/17/14: TBT $40 to $50 and SBND: $20+
9/17/12
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Justin M. Hall: On my new blog, I first highlighted the TBT trade back on 6/17/12. http://bit.ly/LyxaNN
9/17/12
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bigdividendsonly
2 stock sales hit TMV @ 62 AMTG @ 22.75.. Didn't expect runs that high..Will buy back on a down day
9/14/12
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Justin M. Hall
8/26/12 12:39P ET: A Look at Recent Market Bubbles (USO, CORN, TLT, TBT, TMV, SBND) http://bit.ly/QGiHQL
8/26/12
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Justin M. Hall
8/26/12 12:31P ET: The BiG MoVe: 2012 T-Bond Bubble Set to Burst, Sooner than Later (TBT, TLT, TMV, SBND) http://bit.ly/Olx2pN
8/26/12
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Justin M. Hall
8/17/12 2:21P ET: [PAY ATTENTION!] 30 Year US T-Bond Interest Rate Chart Analysis (TBT, TLT, SBND, TMV) http://bit.ly/S2emfg
8/17/12
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Justin M. Hall: Hello csymalla! I understand your concerns. The best advice I can give you: Trade what you see, not what you think.
8/26/12
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Justin M. Hall: The SHORT T-Bond plays will require some patience. If you hang on, I firmly believe you will thank me later.
8/26/12
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eabyrd
Shorting the long bonds on Friday still working! $TMV
6/6/12
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LATEST REPLIES

Justin M. Hall
10/4/12 2:55P ET: { Heads Up } Short T-Bond Funds Are on the Move Up - Again (TBT, TMV, SBND). Big Move Potential Here (links below).
10/4/12
Reply (13)

• !Report Abuse
View all 13 replies
Will Erlandson: I only like to pay that much premium on larger stocks that I can sell front month calls against.
10/4/12
• !Report Abuse
Justin M. Hall: Will, I like your strategy. I do things a bit differently, but both methods will work. I also tend to make conservative recommendations.
10/4/12
• !Report Abuse
Add a reply...

140 characters

bigdividendsonly
TMV gone at 52.85.. 2 buck short term gain..
9/27/12
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Perkins Cove: Always...LOL
9/27/12
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bigdividendsonly: LOL even backwards is still the same....
9/27/12
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140 characters

Justin M. Hall
9/18/12 3:47P ET: Now trading below its 200-day MA, (TLT) is likely to roll over and head south. Buys include TBT, TMV, SBND.
9/18/12
Reply (1)

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Justin M. Hall: Telling: Today, TLT hit its head on the 200-day MA and sold off.
9/18/12
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140 characters

Justin M. Hall
9/17/12 4:07A ET: In August 2012, I identified the Bubble in U.S. T-Bonds (TLT). Buys include TBT, TMV, SBND. http://bit.ly/QvFYHf
9/17/12
Reply (3)

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Justin M. Hall: TARGETS => On or before 1/17/14: TBT $40 to $50 and SBND: $20+
9/17/12
• !Report Abuse
Justin M. Hall: On my new blog, I first highlighted the TBT trade back on 6/17/12. http://bit.ly/LyxaNN
9/17/12
• !Report Abuse
Add a reply...

140 characters

Justin M. Hall
8/17/12 2:21P ET: [PAY ATTENTION!] 30 Year US T-Bond Interest Rate Chart Analysis (TBT, TLT, SBND, TMV) http://bit.ly/S2emfg
8/17/12
Reply (3)

• !Report Abuse
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Justin M. Hall: Hello csymalla! I understand your concerns. The best advice I can give you: Trade what you see, not what you think.
8/26/12
• !Report Abuse
Justin M. Hall: The SHORT T-Bond plays will require some patience. If you hang on, I firmly believe you will thank me later.
8/26/12
• !Report Abuse
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140 characters

eabyrd
Initiated small position in TMV...
6/1/12
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1980XLS-2.0: Sorry, meant yields cannot go much lower imo. I have some, selling covered calls for big premium.
6/1/12
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eabyrd: That's probably what I'll do. I just couldn't help it with the 30-yr yield falling below crisis levels of yesteryear.
6/1/12
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1980XLS-2.0
Left a bit of money on the table by selling my calls in both SPN & TMV yesterday. Need to be more patient with winners.
1/19/12
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C Meyer: same with Ford warrants...fws....jeesh
1/19/12
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cheme: I USED to have BAC Jan12 5 calls @ 45c back in Dec11...sold for 54c. Now that hurts.
1/19/12
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TMV Direxion Daily 30-Year Treasury Bear 3x Shares ETF

TMV

Direxion Daily 30-Year Treasury Bear 3x Shares ETF