tangman

[Long] REITS having a good day

Long
AMEX:VNQ   Vanguard Real Estate ETF
One of the core holdings in this growth-slowing environment is having a good day.

I'm long shares of VNQ that I don't really touch very often. Sometimes when I see them oversold I leverage up with calls, but I missed this recent bottom.

There was a break downward but that recovered quickly. It's now poking to the upside. I think this can be bought on any dip going forward, as long as bond yields are trending lower.
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