wolfstreetswinger
Short

MASSIVE TOP - EQUITY RESIDENTIAL SECTOR - SHORT

NYSE:EQR   EQUITY RESIDENTIAL
#EQR - MASSIVE DOUBLE TOP ON THE MONTHLY (SEE CHART BELOW) ILLUSTRATED VOLUME LOOKS TO CONFIRM EXPECTING FALLS OF AROUND 21-24% SEEING NEW 52WEEK LOWS

THE EQUITY RESIDENTIAL SECTOR LOOKS TO BE COMING DOWN WITH NET OPERATING INCOME FOR THE FULL YEAR EXPECTED TO BE BETWEEN 4.5% AND 5.5% DOWN FROM ITS PRIOR VIEW OF 5-6%.THE COMPANY IS NOT MEETING ITS PRIOR GUIDANCE ON NEW LEASES WITH PROBLEM REGIONS BEING IDENTIFIED AS NEW YORK             AND SAN             FRANSISCO. ACTUAL CAUSE OF THE SHORTFALL IS THAT EQR HAS BEEN FACING AN INCREASE OF SUPPLY TO COMPETE AGAINST THOSE MARKETS. THIS COULD BE A SIGN OF MORE TROUBLE TO COME FOR EQUITY RESIDENTIAL WITH MANY OF ITS STOCKS PUSHING THE MARKET DOWN FURTHER.

Trade active: Swinging down until we stop making lower highs
i do get a few e-newsletters , and they are predicting commercial real estate troubles ahead
thank you for giving an actual name & chart for one that meets that idea !!
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No probs happy to share have read a couple of reports for-seeing a new housing bubble forming which could confirm your newsletters
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G13Man wolfstreetswinger
also commercial real-estate , with Amazon , less brick and mortar store fronts needed [ do kids hang out at the mall still ?

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> do kids hang out at the mall still ?
yes, a huge amount actually
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G13Man ag1ga1ga
lol , is it the MALL , or a place where they can go & text each other ?
the mall around here are empty for the most part

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