TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 17, 2025 10:40pm
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Post# 36409992
Wednesdays AM pop reaffirms something is off.
Wednesdays AM pop reaffirms something is off.XRE opened up 2% and the s &p was up 100pts on the CPI print and "day traders" could have easily given the CAD reit sector huge gains, get some FOMO buying, make the "weak" shorts cover, even it was a fake rally
but within the first 10 minutes everything just kept going down and as such most reits barely finished up a few cents
and that bleed continued thursday and friday, and we're down for the week
deliberate moving down of these reits for 4 months
its either intentional stealth accumulation or really theres some ugly reason to get flushed in the coming months that the market makers know what the game plan is