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

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

Artis Real Estate Investment Trust is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

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Post by garyreins on Aug 05, 2024 10:27am

Bond yields

Aren't dropping enough to correlate to the carnage on wall street.  Perhaps Friday's 20bp dive was most
Comment by CptnBlueberries on Aug 05, 2024 11:19am
starting to look like it ends green, things like NVDA up 10% from their bottom today
Comment by Torontojay on Aug 05, 2024 11:28am
That's the risk of a concentrated S&P basket. When it's thundering for Nvidia it's lights out for the index and vice versa.  Nvidia peaked on June 20th at $140.76 and we are hovering at $101 right now. That is a drawdown of ~ 28.2% from its peak. 
Comment by CptnBlueberries on Aug 05, 2024 11:28am
bond yields now green, VNQ from -2.5% to now -0.9%, AMD from -10% at the open to now +3%, it's very volatile but as of right now, it's starting to look like this might end up being one of the most crazy V recovery days i've ever seen
Comment by DZtrader on Aug 05, 2024 11:50am
Hey Captain CRUNCH (blueberries). One thing I have noticed over the years is that everything is very very fast to happen, in particular the selling with tech advancements. I think today "could" have presented a good buying opportunity. I really would have liked Cad markets open today, depending on how we finish here will make tomorrow even more interesting. Also depending on what ...more  
Comment by CptnBlueberries on Aug 05, 2024 12:14pm
Thanks! I really have no idea of what will happen myself. I do think that eventually reits outperform hard on the rates going down cycle just as they underperformed hard on rates going up cycle and am holding a good amount of it right now, a bigger % than I usually do, my favorite pick in reits is h&r like Frankie. But globally I'm also pretty bearish right now, my portfolio is something ...more