This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
While most investors have been fixated on the stock market's climb in 2013, many market participants haven't noticed the roller coaster ride that real estate investment trusts (better known as REITs) have seen this year.
REITs started out the year as a favorite asset class, but things took a turn at the end of May as real estate-linked assets corrected much harder than stocks. As I write, the
SPDR Dow Jones REIT ETF (
RWR), for instance, is only up 6.8% year to date -- compare that with the 18% rally in the
>>5 Rocket Stocks to Buy in August
Despite that underperformance, as a group, REITs are showing far more technical diversity than any other sector -- and that means that there are trades to be made right now. That's why we're taking a technical look at the
trading setups brewing in five REITstoday.
For the unfamiliar,
technical analysis is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's price action and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution.
>>5 Dividend Stocks That Want to Pay You More
So, without further ado, let's take a look at
five technical setups worth trading now.