Go long stocks short 10y bond yield

Look at where the 10y yield is currently trading - its right above its 200 period moving average at major resistance. This is yet another indicator to me that stocks have bottomed and inflation will start to fall away this year. Bond yields should fall away again as we move through the year.

I bought heavily into stocks last week, amazon at $2050, Netflix at $170, Meta at $189, Snap at $22 plus so many others. This bond chart really shows me that things are due for a major reverse now and if you caught my dollar (DXY) short post on Friday you are already massively in profit in that short too. There are so many great opportunities now to add to stocks on dips and keep shorting the dollar (provided we see a nice steady drop in CPI figures each month for the rest of the year).

Kommentar:

Been in and out of this trade all year, predominately short stocks but hedging with buys when bond yields weaken.