tangman

[Long] REITS having a good day

Long
AMEX:VNQ   Vanguard Real Estate ETF
One of the core holdings in this growth-slowing environment is having a good day.

I'm long shares of VNQ that I don't really touch very often. Sometimes when I see them oversold I leverage up with calls, but I missed this recent bottom.

There was a break downward but that recovered quickly. It's now poking to the upside. I think this can be bought on any dip going forward, as long as bond yields are trending lower.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.