Short the real estate market!I’m going to jump back in on shares for the short real estate $SRS and $REK, a few week-month swing trade
SRS trade ideas
Buy $SRS - NRPicks 04 MarThe index is designed to track the performance of real estate investment trusts (REEITs) and other companies that invest directly or indirectly in real estate through development, management or ownership, including real estate agencies.
SRSWe have had an unbelievable boom in the real estate market ever since COVID. US housing price index up 17.6% YOY, lumber prices up 338% since the beginning of COVID, general building prices up astronomically. Anecdotal evidence shows that roofing companies have had to add on 15% in materials cost, when processing orders 3-6 months in advance. This indicates an increase of 15% per quarter for building materials. The construction/building/real estate market is booming. However, it's slowing down. The US Mortgage Refinance Index is precipitously falling. The housing price index has peaked, and seems to be cresting at that 17.6%.
The main reason to be pessimistic about the real estate market is the looming FED rate hike that will face the market. Bank spreads will decrease, putting more pressure on lending markets. Spending will contract, which will hit the real estate market hard. 30 Yr MBS have already increase to >4%, the highest since 2019. None of the economic indications bodes well for the real estate market. Therefore, I'd short it. Buy SRS
Is Real Estate Poised to Fall?With the US Government allowing home owners to defer payment on their mortgages, is real estate poised to fall? A good entry point might be when the MACD crosses, or when the recent high is exceeded. Stop loss perhaps at the recent low. Take profit at maybe the recent volume price peak.
HOUSING - Trend Line Broken?There is no Real Business Cycle w/out Housing...since OCT the trend has been broken. A Buy or Not....Let's See What Happens?
Opportunity? HEAD SHOTs ONLY!!!
SRS lighting... it... up... Countdown to Home Purchase June 2021SRS lighting... it... up... Countdown to Home Purchase June 2021
Can’t win em all, but was SRS buy under $21 genius?Can’t win em all, but was SRS buy under $21 genius?
SRS (Short Real Estate worth 340 SMA or just shy of $27.00SRS (Short Real Estate worth 340 SMA or just shy of $27.00
SHORT REAL ESTATE: I keep buying under $21.00 for the recordSHORT REAL ESTATE: I keep buying under $21.00
Buying SRS here @ $20.90 today : 3 HR 500 Hull (short housing)Buying SRS here @ $20.90 today : 3 HR 500 Hull
Real Estate sector will tank as rates riseReal estate sector is sensitive to the interest rate changes. As the rate rise, it will sink.
I will be long SRS.
REITs ($IYR $VNQ $XLRE) Short, via $SRS longCounter-trend trade buying SRS with a cheap stop ($29.29) for a rising rates environment. Not overthinking it. This is early and aggressive. Better to wait for trendline to get zoomed to upside, then buy a retracement/ re-test.
