Couple of weeks ago I suggested to “Harvest Gains” in PFF and harvest AT LEAST part of LQD positions.  (see post here)  Wanted to update from that post…see below

Click on chart to enlarge

The “patterns” and weakness in these dividend/interest rate plays suggests from a different angle that rates are wanting to move higher and that planting some seeds, per owning TBF, is a fairly good idea. 

With the action above…I would harvest remaining LQD holdings.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past