A Look at REITs (27 Charts)
- John Lee
- September 3rd, 2010
The $IYR is up over 15% YTD vs. the $SPY which is down almost -2%. With that fact alone, it’s worth taking a serious look at REITs. Home builders are still struggling, but many REITs are near, approaching, or broke to new highs. If you have a personal bias against real estate, then this may be a bad time to harbor such opinions. It’s not about what you think, but rather what the charts tell you. Simply put, the REIT industry is doing extremely well given the overall market environment.
Below are an assortment of REITs that popped up on my screen. I trust that you’ll find a few good ones.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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John C. Lee has been trading for 8 years specializing in discretionary and technical long/short equity strategies. John started investing at the age of 13 and began trading at the age of 18. He is best known as "the Chart Addict" (more) -
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