REITs Are Back on the Offensive
The real estate investment trust sector is moving back toward an offensive position. The group has cleared overhead resistance and broken free. The bulls have regained traction in the sector and pushed it to new cyclical highs.
The REITs are benefiting from several bullish factors, and from a technical perspective, the group has the wind at its back. It's getting a lift from the bullish action in the overall equity market and strong overall liquidity flows. The sector has the added benefit of a persistently low-interest-rate environment and a strong cautious undercurrent on the part of investors....660 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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