Monday is setting up as a very important seasonal shift day. We started out the year in spring but then went into a winter depression that is ending and a summer depression beginning.
For review the four long-term bond holdings for each season are: spring...TBF, summer...LTPZ,.fall...VCLT, and winter TLT.
Using my one month/two month primary timing device we are still in spring and have been there since the start of 2018. On Monday the betting is the summer pivot will cross beating out spring and the new bond of choice will be LTPZ, the stagflation loving bond.
The money the Hive has held as TBF has suffered the round trip will be put into LTPZ.
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