Update: EOM Garden Growing: TLT 10.20.16

The Morningstar links in the previous message went AWOL.  See the new links below. Thank you-David

Good Evening,

It was a battle between the Bulls and the Bears today, leaving all three major indexes closing close to flat for the day. 

I continue my series to analyze charts from the current Q3 2016, All-Star B list to see if they received a Simple Simon Buy Signal after the February 2016 pullback. 

This will give valuable “insight and practice” on how to analyze funds for “Garden Growing” candidates!

Tonight I feature TLT, the iShares 2-+Year Treasury Bond ETF.

Key Points on TLT…
1.  Is not trading in correlation with SPX
2.  Has an inconsistent dividend amount/payment
3.  A Simple Simon Buy Signal was generated after the February 2016 pullback
4.  Since the SS Buy Signal hit, TLT ran over 18%
5.  Here is what it did in 2007-2009…check out their 
dividend action

Keep an eye on the monthly dividend and current price.  See if it recovers and remains a future “Garden Growing” candidate.

In November, I begin my new Simple Simon Buy/Sell System Scans. Don’t miss it!


Enjoy your evening,

David O. England

Plan your work, work your plan, and share your harvest! Philippians 2:3-4

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

If you have a question or comment, contact David England at eyeonthemarket@outlook.com.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *