$TMF Bullish Sentiment Trade Idea

Good morning,

"The best strategy with the current market is rotation" - Tim West (Not going to tag him personally but he does have a wealth of knowledge in the Key Hidden Levels chat room.

Moving on.

Its interesting I read that this morning in the chat room. I like TMF as a hedge against the potential downside risk of VOO and other large-cap ETF's. Price has retraced just under 90% since the COVID peak for $TMF. I took profits on all of my ETF's at the recent peak. Personally, I like the guaranteed 4-5% yield to park half of my portfolio, leaving the other half in cash ready to attack VOO on the next retracement.

If we were to have another catastrophic event such as COVID, or even a major war (thinking big picture here), the upside potential is enormous. Regardless of the government shutdown, treasury bills remain one of the safest investments today. First target is the 0.888 Fibonacci.

888 = abundance

Alex