Comments
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LEnot great RR. I like at least 3 to 1 RR.
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TPWell presented, so thumbs up. But I'll take the other side. I'll swerve TA on little ETFs that price off huge macro environment changes like US curve wobbles.
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lbnot a great risk reward trade.
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CMHa! I told my G/F that I was doing this exact trade this past Thursday. Nice. I think this is a great trade too
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IMwhy not just short treasuries?
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MSThe US REIT sector has been in a downtrend primary because of the square foot per capita availability. The penetration of shopping centres in the USA is 23.6 square feet per person, compared with 16.5 square feet per person in CANADA and 4.6 in the UK. To much offer in the USA. Many USA REIT as been down 50% plus in 18 month,, the Sears and the like closing have hurting them. The effect of the interest rate depends on the % of debt the REIT carry and how it's finances, look the debt/cap, bonds% maturity date, bank loans. MY LONG TRADE IDEA: In the USA, DDR $7.26 (BV $7.86, DIV 10.4%, DEBT/CAP 57%). And CBL $4.40 (BV$6.66, DIV 18%, DEBT/CAP 76%) look good for an upside IF they break out resistance. Sell if it break the 10SMA hourly if your nervous. I prefer these Canadian REIT: PRV.UN $2.25 (BV$2.11, DIV9%, DEBT/CAP 66%) And BTB.UN $4.80 (BV$5.14, DIV 8.75%, DEBT/CAP 66%).. These 2 REIT are located in Quebec, as you know is mostly french speaking. There is less online offer, amazon is yet not very well use and Quebecer still love to go shopping in mails . NOW negative sentiment might be at play so I suggest to enter on the technical. Regarding the interest rate. On a 200 year chart you realize that low interest is not the exception, it's the norm.. the 7-10-15% is the exception. The BOC won't follow the FED in raising rate, that doesn't mean the banks won't raise rate but I suspect that we are close to the top.. I disclose I have CBL, PRV and BTB. Lastly buy when there is fear, and sell when there is euphoria is not easy, but it work..
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JOVNQ down 20% since July ‘16 peak. Perhaps a little late for this trade.
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PCExcellent & hindsight is the proof. I like to the hear this practical right down to ticker symbols.
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TBDear RV, For these short term trade videos, I suggest that you upload the raw video immediately after filming, or something with minimal post-production. Those of us who actually might act on the content are interested in the trade idea, not the fancy video editing. Thanks for your consideration...
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KP4 day publishing lag really made the difference here...
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CMAgree 100% I have been long SRS on the basis of higher IR since early May and DRV sounds very interesting as well though I rather buy a call option on it as vol is cheap and it limits my downside. Mark def has good timing both for this one and OIH he was spot on. cheers and keep it up.
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AIIf REIT has an inverse correlation with the bond yield, then who will benefit from a rise of the yield?