After another big ROC (rate of change) #slowing report out of US New Home Sales (and whatever noise the Old Wall is making on Treasury Auctions), its a Bond Yields Down = Real Estate (XLRE) up day...
Coaching Notes:
1. We were waiting, patiently, for this
2. Now we re-load on XLRE via Short Sales and Puts (which are VERY cheap)
3. The #Redeye (free app) is back on after the 2nd straight unimprressive #MarkupMonday,
KM