• Bull.

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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

duration
  • trade
  • trend
  • tail
Details
Average Cost Basis
$37.22
Close Price
$37.71
Realized Return
-1.30%