Unrelated

By -

I just wanted to share a couple of unrelated ETFs. First, there is the bond fund symbol TLT, which is getting smashed this morning, thanks to Jerome “inflation is good” Powell’s morning mewings. He wants higher interest rates. He’s getting them. And what else would a man want when we have $27 trillion in debt?

TLT

Next is the biotech fund, whose head and shoulders pattern I’ve been pointing out in recent days. This isn’t a big pattern, but it’s clean.

XBI