TSX:SRU.UN - Post by User
Post by
logicandinertiaon Aug 11, 2020 8:36am
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Post# 31391560
First signs of sustained REIT life
First signs of sustained REIT life SPG - largest retail REIT up again after results.
cdn REIT index XRE is at a 10 year low against the XIU. Monthly RSI at its lowest ever on xre vs xiu and Slow sto at 30.
It won't take much volume and price change to wake people up to the move if we see continued weakness in tech darlings and more rotation into cyclicals , financials and REITs. There is very little supply out there so if institutional flows pick up, look out.
In this hypothetical backdrop, they will likely all work but I do like the SRU platform and strategy.
good luck.