AI
Sunday, September 01, 2024 1:55:05 PM
I updated my MMF chart for the month. I made three changes to the chart.
The first two were the addition of GSY and TLT. GSY is a favorite of Jaws and for good reason. For the last two months GSY has run .70% and .64%, which is much higher than what SGOV is running at about .45-.47% a month. GSY is returning 50% more than SGOV. I moved half my funds that I had out of FLOT on 7/1 and the other half on 8/2. Interest rates are falling, so FLOT is not the place to be. I have now moved all my funds I don't need for trading into GSY. I would have put all of my funds into GSY, but GSY is very hard to trade AH.
The third change was to swap out the 3mo avg running APR for the absolute yield for the month. Since I deal in yields all the time, for some odd reason, the monthly % yield makes it easy to understand the price movement in relation to the market.
GSY has had two bad months this year, Feb and Apr. It shows up on the GSY chart as a slight change in the slope of the trend. Of special interest is the higher slope that GSY is now running which is reflected in the yields.
I also added TLT because with interest rates falling it should be a good place to put some funds. It has now had 4 very good months, but dropped pretty bad last week as interest rates have made a short-term rate jump.
SWVXX continues to be the worse MMF on the sheet.
The first two were the addition of GSY and TLT. GSY is a favorite of Jaws and for good reason. For the last two months GSY has run .70% and .64%, which is much higher than what SGOV is running at about .45-.47% a month. GSY is returning 50% more than SGOV. I moved half my funds that I had out of FLOT on 7/1 and the other half on 8/2. Interest rates are falling, so FLOT is not the place to be. I have now moved all my funds I don't need for trading into GSY. I would have put all of my funds into GSY, but GSY is very hard to trade AH.
The third change was to swap out the 3mo avg running APR for the absolute yield for the month. Since I deal in yields all the time, for some odd reason, the monthly % yield makes it easy to understand the price movement in relation to the market.
GSY has had two bad months this year, Feb and Apr. It shows up on the GSY chart as a slight change in the slope of the trend. Of special interest is the higher slope that GSY is now running which is reflected in the yields.
I also added TLT because with interest rates falling it should be a good place to put some funds. It has now had 4 very good months, but dropped pretty bad last week as interest rates have made a short-term rate jump.
SWVXX continues to be the worse MMF on the sheet.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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