Bond prices have fallen over 7% since peaking in early July, over worries of looming sovereign defaults in Europe and the increased likelihood that the Fed will raise interest rates later this year.
This has pushed your second position in Direxion Daily 20+ Year Treasury Bear 3x Shares, symbol TMV – originally recommended August 2 – to nearly a 10% gain.
Let’s grab it. Bonds are sitting near key support levels and could bounce temporarily higher from here. And if bonds do rally, I will look to enter another bearish bond position again.
Here are the details:
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For ALL Members who own TMV shares: Place an order to sell ALL of your remaining shares of Direxion Daily 20+ Year Treasury Bear 3x Shares, symbol TMV, at the market. Then, cancel your protective sell stop at $14.87. |
Go ahead and get this order in asap and stay tuned.
Best wishes,
Larry
