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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s):  T.AX.P.I | T.AX.UN | ARESF

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.P.E - Post Discussion

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Post by garyreins on Apr 18, 2024 8:59pm

What I find INTERESTING

The market last Tuesday most definitely was jockeying into the CPI for a breakout trade, we had 3 very strong rally days and many REITS were sitting somewhat close to their Jan highs, potentially ready to pop and break out.

So that leads me to what I find interesting- if we got a 0.2 CPI figure, we rally hard and June cuts remain in tacct.

But we got what 0.3 or 0.4, I still havent looked under the hood, and now no cuts are priced in and 2 year at 5%- virtually 1 or 2 cuts after 2 years.   brutal

Why did the market do such a 180 on expectations based on *one months data.  

Everyone needs to close their eyes while Biden with his magic erased shows us a 0-0.2% increase.  Life carries on!
Comment by ScroogeMcDuck1 on Apr 18, 2024 9:05pm
Its all just a corrupt trading game. I notice that every stock we watch daily chart exactly maps onto the us index charts.  Even if D is up, its up amd down relatively moment by moment to the US.  Corrupt US trading yanks the entire market around.  Whether you like Cramer or not, he explained today they are going for the woosh down to gobble up.   Futures will be down big ...more