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AxelrodKapital

Short @ 77

Short
iShares iBoxx $ High Yield Corporate Bond ETF (AMEX:HYG)  
AxelrodKapital  
AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
Trend Analysis Fundamental Analysis Earnings
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trendanalysis fundamental earnings
Lately there's been a short covering rally in high yield/junk but I think that ends soon with big tech earnings, FOMC and all of the other economic data releases this week. Macroeconomic picture has not changed.

Don't think we break this downward trend line that's been in place all year. I'll also take a long position in TLT to offset exposure.

*Not financial advice.
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