
IEF Long Kicking In!

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This is quite the pickle: on the one hand, gold and silver have blasted to nosebleed levels, which makes me very uneasy about buying palladium, since I think it would get dragged down by any serious tumble in PM. On the other hand, viewed utterly by itself, PALL looks like an amazingly good bullish setup. Argh!

It’s not fancy. It’s not AI. It isn’t crypto. It’s just a boring old bond fund. But I continue to profess my love of IEF, which is where I’ve dedicated a couple of my conservative portfolios. This is a beautiful saucer pattern, and I think many months of relatively steady price gains are ahead.
