‘real estate’ Archive

Rate “Sensitive” assets have rough week, these break support

 ratesensitivebreakdownsfeb7

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Interest rate sensitive assets like Government bonds (TLT), Real Estate (IYR) and Utilities (XLU) have benefit greatly from falling rates and the macro theme of deflation, pushing all of them much higher over the past year(s).

Over the past year, each of these has gained 25% to 50% more …

Real Estate attempting breakdown, important signal to stocks/bonds?

 iyrresistancebreaksupportfeb2

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Real Estate ETF (IYR) has done very well over the past year, gaining almost 10% more than SPY. Going into today, IYR was around 6% ahead of SPY YTD.

The Power of the Pattern reflects that IYR is at the top of a long-term trend channel and the top …

Leading sector creates monster “engulfing bearish” pattern this week!

 itblargeengulfingbearjan15

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Home construction stocks have been pretty hot of late and reflecting big time relative strength compared to the S&P for the past two months.

Home Construction ETF (ITB) rallied to the highs of last year and this week is creating a BIG engulfing bearish pattern at these highs. 

What …