This chart of the U.S. 10s/2s curve and the SPDR S&P Utilities Sector ETF (XLU) is interesting. A few days ago, I was reading a blurb by a well-known outlet about utilities getting "smoked" during the Q4 equity route. Like above, performance is relative to time frame. Additionally, you have to have a deeper understanding about what XLU is and what it can...
REIT's are looking like the first sector to definitively break the big uptrend since December 24th. Big move here breaking out of 2 month wedge to the downside. All momentum indicators are also pointing downward (macd, stochastic) and we've had demark exhaustion signals as well. Easy short entry here.
Addendum Chart with more long-term picture + momentum indicators added on.
$VNQ Overbought at resistance - volume drying up. Price has been unable to break through 200d ema resistance line this week. Near term outlook bearish. Target: $71.00-$72.00 range by March Note: Informational analysis, not investment advice.
Reits have been behind the general market. But may shine over the next year or so. This Vanguard ETF VNQ looks promising to me longer term. Target at 115-120 with a 6.7% yield at this price. seekingalpha.com
Real Estate (VNQ) didn't quite climb back up to the since-2009 purple line last week, and it started to drop away from it this week.