Short the real estate market!I’m going to jump back in on shares for the short real estate $SRS and $REK, a few week-month swing trade
Key stats
About ProShares UltraShort Real Estate
Expense ratio
0.95%
Home page
Inception date
Jan 30, 2007
ISIN
US74347G5568
SRS provides -2x exposure to the S&P Real Estate Select Sector Index a market cap-weighted index of US real estate companies, as classified by S&P Dow Jones. Naturally, the index is dominated by REITs, although non-REIT real estate firms are also included. The fund is designed to be a trading vehicle, not a long-term investment. Additionally, SRS rebalances its exposure on a daily basis. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with a beta-1 fund tracking the same index, such as IYR. The index undergoes annual reconstitution and quarterly review. Prior to March 17, 2023, the fund tracked the Dow Jones US Real Estate Index.
Classification
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government62.24%
Cash37.76%
Buy $SRS - NRPicks 04 MarThe index is designed to track the performance of real estate investment trusts (REEITs) and other companies that invest directly or indirectly in real estate through development, management or ownership, including real estate agencies.
SRSWe have had an unbelievable boom in the real estate market ever since COVID. US housing price index up 17.6% YOY, lumber prices up 338% since the beginning of COVID, general building prices up astronomically. Anecdotal evidence shows that roofing companies have had to add on 15% in materials cost, w
Is Real Estate Poised to Fall?With the US Government allowing home owners to defer payment on their mortgages, is real estate poised to fall? A good entry point might be when the MACD crosses, or when the recent high is exceeded. Stop loss perhaps at the recent low. Take profit at maybe the recent volume price peak.
HOUSING - Trend Line Broken?There is no Real Business Cycle w/out Housing...since OCT the trend has been broken. A Buy or Not....Let's See What Happens?
Opportunity? HEAD SHOTs ONLY!!!
SRS lighting... it... up... Countdown to Home Purchase June 2021SRS lighting... it... up... Countdown to Home Purchase June 2021
Can’t win em all, but was SRS buy under $21 genius?Can’t win em all, but was SRS buy under $21 genius?
SRS (Short Real Estate worth 340 SMA or just shy of $27.00SRS (Short Real Estate worth 340 SMA or just shy of $27.00
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