November 7, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Bonds Fall On Trump Win

Please click here for a chart of 20+ year Treasury bond ETF (TLT).

Note the following:

• After Trump’s win, bonds are front and center.
• The chart shows when the contrary Arora call was made that bonds would fall.  That call was made at a time when everyone was predicting that bonds would rise.  That important call has proven spot on.
• The chart shows when the Arora call was made about the election.  We wrote in the Morning Capsule on October 8, “In the event of a one party sweep, TLT can potentially fall to the bottom support zone.”