Entering text into the input field will update the search result below

Is Something Ok?

Jul. 02, 2013 8:40 AM ETTLT, TBT, UST, SSO, IVV
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Seeking Alpha Analyst Since 2013

I watch the markets and we read bunch of stuff that is from someone else

The nightmare of summers for bonders like: Ishares Barclays 20+ year Treasury TLT, ProShares UltraShort Lehman 20+ Year Treasury TBT,looking Gold SPDR GLD, mortgage rates are picking up again also.Today, On CNBC

"A month ago, I would have said I think the American economy is goingto strengthen in the second half of the year. It's become a moredifficult question. What makes it more difficult has been the incrediblespike in mortgage rates," -said Richard Bernstein, CEO of RichardBernstein Capital Management.

I think we'll see S&P 500 at $1650.00 maybe November. The bonds will be dry up and Stocks will be wet.

Brokers say the big trades sent close to $750 million into ProShares Ultra 7-10 Year Treasury Bond ETF (UST), a leveraged bet on U.S. government debt, and $2.5 billion into iShares 3-7 Year Treasury Bond ETF (IE). At the same time, large investors pulled close to $5 billion out of ProShares Ultra S&P 500 ETF (SSO), a leveraged bet on stocks, and iShares Core S&P 500 ETF (IVV). According to barrons.com

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.