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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Real-estate related stocks still have “for sale” sign

Posted on 08 June 2012

The real-estate investment trust sector has suffered a significant loss of momentum. The correction appears to have been driven by the broader market, as opposed to something specific to the REIT sector.
Nevertheless, there appears to be additional downside risk for the DJ Real Estate iShares because they penetrated support near $60 at the same time the weekly moving average convergence/divergence (MACD) indicator flipped to a “sell” signal………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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