Week Ended 12/30/16

2CHYP: Closing out 2016 As the last trading day of 2016 comes to a close, we have 2CHYP positioned for the new year.  Once the calendar rolls over, tax loss sellers will come back in and those who were holding on to winners so as to defer taxation may begin to sell. ...

Week Ended 12/23/16

Positioning for Inflection As we close in on the end of 2016, REIT stocks are in a sort of purgatory where trading is not based on fundamentals, and perhaps for rational reasons.  Tax loss selling and holding of positions to defer gains until 2017 are viable reasons...

Week Ended 12/16/16

Rate hikes already priced in Yellen’s rate hike along with potentially 3 more in 2017 briefly shook up REITs, but based on Friday’s strongly positive reaction, it seems to suggest a consensus that rate hikes have already been priced in to REITs.  I do not necessarily...

Week Ended 12/9/16

REITs Participate Since the election, the broader markets have consistently risen, setting new all-time highs day after day.  REITs were left out for much of this rally but finally began to participate this week.  It seems rising rates are not as alarming to investors...

Week Ended 12/2/16

Whipsawing between sentiment and rates Economic strength indicators ranging from strong Black Friday results to steady jobs data are bullish for REITs as it improves the underlying fundamentals.  However, this exact same data portends a greater likelihood of a Fed...