ETF in 60: IYR Real Estate ETF looks SRS-ly Toast (French Toast)

Published 8 months ago

FINZ.tv premier episode. TraderAlamo travels to France to kick off FINZ.tv with the show "ETF in 60." Away from the epicenter of the financial crisis, is the beauty of Versailles or the romantic lights in Paris enough for optimism? Not... more

FINZ.tv premier episode. TraderAlamo travels to France to kick off FINZ.tv with the show "ETF in 60." Away from the epicenter of the financial crisis, is the beauty of Versailles or the romantic lights in Paris enough for optimism? Not quite. TraderAlamo finds troubling signs in the iShares Dow Jones US Real Estate ETF (ticker: IYR). The trade? Going long (buying) the ProShares Ultrashort Real Estate ETF (ticker: SRS) with a stop if IYR moves over $32.50. The basing in SRS and now the move higher with volume above the 50 day moving average reminds us of the ever-popular Apple (ticker: AAPL) when it broke out in March of 2008. **check the show page for charts: http://finz.tv/2009/02/17/etf-in-60-iyr-real-estate-etf-looks-srs-ly-toast-french-toast/#read ** Disclaimer: No positions in the stocks mentioned as of 2/17/09. Information in this video is for entertainment purposes only, and not a recommendation to buy or sell any equity. less

Tags: stocks trading markets money finance hedge fund real estate etf iyr srs france bear market traderalamo jeffrey lin finz finz.tv technical analysis