GEO Michael Burry has bought more shares of this REIT so I thought I'd give a look at the chart for those who want to follow him. What the chart is saying: Big downtrend since May 2017. In May 2021, the stock has started a consolidation/base in form of a range between 5.5 and 9.54. This range could be a bottom formation. Note that bottoming pattern takes...
Break out from resistance, not sure if Michael burry still holding on to this company.
“This is the paradox of public space: even if everyone knows an unpleasant fact, saying it in public changes everything. One of the first measures taken by the new Bolshevik government in 1918 was to make public the entire corpus of tsarist secret diplomacy, all the secret agreements, the secret clauses of public agreements etc. There too the target was the entire...
The cliche about prison life is that I am actually integrated into it, ruined by it, when my accommodation to it is so overwhelming that I can no longer stand or even imagine freedom, life outside prison, so that my release brings about a total psychic breakdown, or at least gives rise to a longing for the lost safety of prison life. The actual dialectic of...
Here we have a MONTHLY chart for $AGNC, a mid-cap monthly paying dividend REIT (Real estate investment trust). As you can see we breifly wicked to this price before and if you switch to a daily chart there is some evidence for a recovery. That being said, with the increasing rates from the FED, housing prices starting drop as demand lowers, and combined with...
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations...
Well, right after data center infrastructure stock SWCH announced solid 1st quarter earnings results, we get an announcement that it's going private. DBRG and IFM Investors are taking it private for $11 billion. Shareholders will get $34.25 per share on the transaction. The price action gapped up to around that level and it will stay in this range until the...
Weekly chart with a large downtrend getting ready to break out on $O. MACD has crossed and all VWAPs and EMA cloud are supporting price. Only a matter of time. in my opinion
Realty Income Corporation ( NYSE:O ) Sector: Finance (Real Estate Investment Trusts) Market Capitalization: 43.145B Current Price: $72.16 Breakout price (hold above): $72.45 Buy Zone (Top/Bottom Range): $70.90-$69.20 Price Target: $76.80-$77.90 Estimated Duration to Target: 76-80d Contract of Interest: $O 6/17/22 72.5c Trade price as of publish date: $2.15/contract
First noticed this when I was scouting $ABR as a potential candidate for puts. I was looking for H&S setups, and liked the look of it. If you look at $ABR chart (daily or weekly) I imagine you'll see what I mean. Looks like we're peeling off the 20MA on the 1D to the downside. (Earnings are tomorrow, as a heads up) But yes, this led me to look at other names in...
Alpine Income Property Trust, Inc. is a real estate company, which owns and operates a portfolio of single-tenant commercial properties. The company was founded on August 19, 2019 and is headquartered in Daytona Beach, FL. Recent News (nontechnical analysis): Dec2: Alpin Sells $24.5 Million towers; Dec 3: Falling asset prices Moving Average, MACD, and RSI...
CTRE is a REIT focused on adult care facilities. Overview beyond the technical analysis: In the past, CTRE it has been recommended by highly experienced real estate attorneys as a long-term REIT for holding/dividends. Given the aging boomer population and focus on healthcare amidst the pandemic, this REIT stands out from others. Technical Analysis: CTRE is...
Alexander's, Inc. operates as a real estate investment trust. The firm engages in leasing, managing, developing, and redeveloping its properties. Its operating properties are located in the greater New York City metropolitan area. The company was founded on May 16, 1955, and is headquartered in Paramus, NJ. Despite some nontechnical indicators (i.e rising revenue...
Real Estate has seen some specific winners starting to emerge, however, as the Fed soon begins the tightening process, is it possible we still see more in the tank for IYR (REIT ETF) as the Dollar continues it's rally? Keep in mind, a rate hike currently isn't priced in until July of 2022 and the inflationary pressures have been strong but with some patience on...
$PLD and $DRE, I believe, are setting up for a longer run here as the deflationary environment takes over. Don't forget about industrial REIT's or $DRE :)
Industrial REIT name PLD is one of our topic picks in the real estate space to gain exposure to the infrastructure boom. Potential risks in the market could lead to a run in defensive sector names benefiting PLD.
Idea for Real Estate: - Real Estate testing a double top after some exhaustion Sept-Oct. - MBB's rolling over, rejected at -1 Std Dev: - Because every other market component is already at +2/-2 Std Dev, and Real Estate is relatively less volatile than say S&P 500, I think the +1/-1 Std Dev is a good signal. - We will have more confirmation next week depending...
Liking the way GEO is holding on this pullback and wondering if it has more potential leg here. During summer's flight to quality stocks, GEO squeezed when investors sought REIT names in the IYR space. If deflation takes hold, I believe it could happen again. We'll see.