FA Please check my other DRV posts for basic analysis. FED keeps rates at 0%. Which means no further interest expense can be reduced for rental businesses. TA -DRV is having a bullish trend, trading above moving averages. However, less than EMA 200. -DRV broke-out $26 trend resistance which means DRV can be trading higher. -Squeeze + RSI are signaling...
FA -Retails are suffering financially (as expected), some will file for bankruptcy: JC Penny. -FED is buying corporate ETFs (mostly debt). So REIT or Retails debt are some of the options. This will reduce the rate of filing for bankruptcy and help businesses to deal with debts. -States are opening, however, worries about 2nd wave of Covid-19 will discourage...
Last week's drop was due to FED bail-out, investor's speculations on economy reopening, and the small business loans was distributed. 3 key factors that will lead to this week rally: -The economy is open, however, only 25-50% capacity, which means, businesses will consider their profit by shopping for cheap rental. -Malls are not coming back soon. Rental spaces...
Commercial rental are still taking the hit domestically as businesses are deferring or missing payments. Rental houses also have same issue. Some investment with high mortgage debt will also miss mortgage payment. -Chain reactions. If this lasts more than a month it will create a 2008-like crash. Unemployment = less income = less payment = less profit Good luck
DRV is The Fund seeks daily investment results of 300% of the inverse (or opposite) of the performance of the Real Estate Index. Mortgage bail-outs and deferral rates are all-time-high. It's a buy!
Low volume on the 2/22 bottom with higher volume on the move up since. Looks like a classic bullish reversal on a downtrend. Confirmed by bullish divergence on RSI and MACD.
I had brought this one up a few weeks ago, made some good on that breakout. lets see where it goes now
The bullish divergences on weekly charts have started a new bullish ADX trend reading. Candlesticks formed a bullish Doji Star and volume has been good.
THE HOUSING MARKET TOP IS IN, HOW COULD YOU GO WRONG?
DRV I'm not giving up and I think the market may make this pop? I have been playing this chart really due to the weekly.
The numbers are telling the story here. I believe in playing the trend with high success.
The Real estate market topped last fall and now the indicators the confirm it are recently confirming the housing market has been exhausted and will not continue to help grow the economy in the next few years. LONG DRV, the charts are looking sweet i.m.o Some Jan 19 calls should be good.