IYR
Another chart for you spread lovers out there. This one's the IYR (realtor real estate) ETF, things like REIT's basically versus two homebuilders. Now the thinking is a housing blow-up will cause rental markets to skyrocket so this is a little contrarian, however the REIT's are the one sector that hasn't really seen much of a correction and some of these names are getting overvalued. Should some other sectors rebound, watch money flow out of there like whats going on in some of the consumer staples:
Another chart for you spread lovers out there. This one's the IYR (realtor real estate) ETF, things like REIT's basically versus two homebuilders. Now the thinking is a housing blow-up will cause rental markets to skyrocket so this is a little contrarian, however the REIT's are the one sector that hasn't really seen much of a correction and some of these names are getting overvalued. Should some other sectors rebound, watch money flow out of there like whats going on in some of the consumer staples:
posted by market operator at 5:11 PM
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