For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.
In addition, note the weekly chart for the REITs, housed in the IYR ETF. I mentioned this sector is rate-senseitive. Weakness down away from the highlighted rising wedge may very well presage higher rates this year.
Speak your mind, night owls.
______________________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
Is $AG still holding technically in this downswing? It’s still well off lows, but there seems to be more downward momentum in the last couple of weeks. I am building a position in 2016 $10 calls as long as the 52 week low holds, but any free expert advice is always welcome!
I am shopping for a REIT short and will share anything that looks compelling. Retail or hospitality seem like the most logical place to start based on my relevant experience.
Needs to hold $9