Don't Ignore This Chart!

The REITS And Trusts Continue To Run (NSA)

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In a yield-seeking world, the story for REIT's and Trusts seems stronger than ever. The stable cash flow in an otherwise turbulent world is attracting the investment dollar. The REIT's are giving the financial sector support, but the sector as represented by the XLF is still trending down. National Storage Affiliates Trust (NSA) IPO'd a little over a year ago and has been rising ever since.


While it is in a weak sector, the REIT's and Trusts within the financial sector are performing well. This particular Trust has a yield close to 4% and it is rising after they completed a public offering of common shares last week.

Using the SCTR ranking, you can keep abreast on which REIT's and Trusts are performing well. Right now, it seems more important than ever to make sure you are in strong defensive areas of the market.

Good trading,
Greg Schnell, CMT, MFTA

 

Announcement from the Author

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Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. Based in Calgary, he is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the Market Technicians Association (MTA) and the International Federation of Technical Analysts (IFTA).

Greg is also the co-author of Stock Charts for Dummies (Wiley, 2018). Greg joined StockCharts.com in 2012 and has be instrumental in helping launch a variety of new blogs and other commentary platforms. Presently, Greg contributes market analysis commentary to The Canadian Technician, Commodities Countdown and Don't Ignore This Chart blogs. Learn More
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