Direxion Daily Real Estate Bear 3x (DRV)

[FollowMyNIL]

So either way for home owners we break even =)

[tw0122]

Up up and away as America’s overvalued real estate crumbles all courtesy of the Federal Reserve who bubbled up stocks and real estate for the 1% billionaires of America

[FollowMyNIL]

Exactly

[tw0122]

Mortgage Forbearance Balloons, Home Sales Plunge

[tw0122]

Friday, May 01, 2020

Black Knight: More than 3.8 Million Homeowners Now in COVID-19-Related Forbearance Plans

From Black Knight: More than 3.8 million homeowners are now in forbearance plans

• As of April 30, more than 3.8 million homeowners are now in forbearance plans, representing 7.3% of all active mortgages.

• Together, they account for $841 billion in unpaid principal and includes 6.1% of all GSE-backed loans and 10.5% of all FHA/VA loans.

• At today’s level, mortgage servicers would need to advance a combined $3 billion/month to holders of government-backed mortgage securities on COVID-19-related forbearances. Another $1. 5 billion in lost funds will be faced each month by those with portfolio-held or privately securitized mortgages (some 6.7% of these loans are in forbearance as well).

• Ginnie Mae announced a pass through assistance program through which it will advance principal and interest payments to investors on behalf of servicers, and FHFA announced last week that P&I advance payments will be capped at four months for servicers of GSE-backed mortgages.

• Even so, given today’s number of loans in forbearance (and these numbers are climbing every day), servicers of GSE-backed loans still face nearly $8 billion in advances over that four-month period.

[fitzwell11]

Yes

$DRV

[Derek ops]

added more, 1/2 position now 21.80 average

[Derek ops]

Took starter 22.10

[ReservedRisk]

$DRV Accumulate dips here.

This WILL explode soon..



glta

[fitzwell11]

Loaded $24 here

$DRV

[Penny_God]

Amazing buy here in the teens for a 100-200% gain

[Dragonfart]

Good entry point now

[puddler]

could there be a better buy right now in the entire market? You would think people remember 2008

[buysell101]

Added this morning could be a very painful next few weeks...GLTALL

[PennyStock Alert]

Yes...was looking to pick up DRV Friday afternoon but didn't have my cash cleared from my last trade. If the market does go down some more this week, there could be a 5-10% drop in the RMZ which could be a 15 - 30% gain for DRV.

[Doubledown75]

It’s attractive now at $30.
Trending was going steadily up the past month.
Goodluck

[tw0122]

DRV will become attractive under $10 https://www.calculatedriskblog.com/2019/01/lawler-some-early-realtormls-based.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+CalculatedRisk+(Calculated+Risk)&m=1

[stocktrademan]

DRV buy 13.88















[img]http://stockcharts.com/c-sc/sc?chart=DRV,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!

la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b[/img]

[img]http://stockcharts.com/c-sc/sc?chart=DRV,uu[e,a]whclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!

la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b[/img]

normal chart
[img]http://www.stockscores.com/chart.asp?

TickerSymbol=DRV&TimeRange=365&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=None&ChartWidth=830&ChartHeight=500&LogScale=None&Band=BB&avgType1=SMA&movAvg1=20&av

gType2=SMA&movAvg2=50&Indicator1=None&Indicator2=RSI&Indicator3=MACD&Indicator4=SStoch&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/img]

[img]http://www.stockscores.com/chart.asp?

TickerSymbol=DRV&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=None&ChartWidth=830&ChartHeight=500&LogScale=None&Band=BB&avgType1=SMA&movAvg1=20&a

vgType2=SMA&movAvg2=50&Indicator1=None&Indicator2=RSI&Indicator3=MACD&Indicator4=SStoch&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/img]

log chart
[img]http://www.stockscores.com/chart.asp?

TickerSymbol=DRV&TimeRange=365&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=None&ChartWidth=830&ChartHeight=500&LogScale=1&Band=BB&avgType1=SMA&movAvg1=20&avgTy

pe2=SMA&movAvg2=50&Indicator1=None&Indicator2=RSI&Indicator3=MACD&Indicator4=SStoch&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/img]

[img]http://www.stockscores.com/chart.asp?

TickerSymbol=DRV&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=None&ChartWidth=830&ChartHeight=500&LogScale=1&Band=BB&avgType1=SMA&movAvg1=20&avgT

ype2=SMA&movAvg2=50&Indicator1=None&Indicator2=RSI&Indicator3=MACD&Indicator4=SStoch&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/img]

[Doubledown75]

Looks good

[Doubledown75]

This is the RE bear?
Mortgage deduction from taxes today and this drops like it’s Freddie or Fannie..... BS

[Doubledown75]

Trend might be our friend this time

[RYJO]

Big day today DRV broke longtime downtrend line

[Doubledown75]

Not sure but greater chance of hitting 14 than R/S

[RYJO]

Interesting. In your opinion - does this thing have any chance of splitting in the next 6 months?

[Doubledown75]

Patience is a virtue
Buy and hold otherwise you can't get in when it screams

[RYJO]

Why is this at all time lows while the housing market is stalling?

[Doubledown75]

Please keep playing those games Janet...... your fucked:)

[Doubledown75]

Reassessing property values exponentially over the years to get more tax money.....door swings both ways

[Doubledown75]

Uh yea nothing to see here folks :)

[Doubledown75]

Fannie and Freddie tanking and this is going up?

[Doubledown75]

Oooooo good girl spike like you want it:)

[Doubledown75]

You want to spike now?

[Doubledown75]

This dips with Fannie and Freddie???

[spacemobile81]

http://wolfstreet.com/2016/11/16/wholl-get-hit-by-fallout-from-the-11-trillion-commercial-property-bubble-in-the-us/

[spacemobile81]

http://www.businessinsider.com/pimco-says-theres-a-storm-brewing-in-us-real-estate-2016-6

https://www.wallstreetdaily.com/2016/06/06/vacancy-rates-commercial-real-estate/

Some other articles.

[spacemobile81]

http://investmentwatchblog.com/cheap-debt-that-fueled-u-s-property-boom-is-set-to-mature-more-delinquencies-expected-how-far-will-the-damage-spread/

This will go up.

[Doubledown75]

This should go up

[slmlrd]

Rental demand for low to modest housing is huge. Must mean the overpriced housing sector is ready to implode. Investment financing is wiped out. Besides who wants to pay $400 a foot to build a rental property. Too many forces against the overall market.My perspective from the northeast. I'm in and I hope I don't get stopped out.

[Penny Roger$]

~ $DRV ~ Mixed scan results (Daily and Weekly) for for the week of Feb 13th 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> DRV <---
Keywprd: MACDscan ----> http://tinyurl.com/MACDscan

[hang ten]

DRV outperforming TZA and FAZ today. em

[hang ten]

$RMZ underlying index for DRV

[hang ten]

BAC cuts off mortgage bankers>
http://thebasispoint.com/2011/08/31/mortgage-banker-view-bofa-cuts-off-mortgage-bankers/

[hang ten]

DRV, still on 'Threshold Securiites List'---- 17 days now.

http://www.bloomberg.com/news/2011-06-28/nyse-arca-threshold-securities-for-june-27-table-.html?cmpid=yhoo

[hang ten]

Big long red candle for $RMZ today... eom

[hang ten]

Housing Report: This is Our Future?

http://www.thedisciplinedinvestor.com/blog/2011/06/21/housing-report-this-is-our-future/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedisciplinedinvestor%2FEBHR+%28The+Disciplined+Investor%29

[hang ten]

Home sales fall to 2011 low; few 1st-time buyers

May home sales sink nearly 4 pct. to lowest point since November; foreclosure sales decline

http://finance.yahoo.com/news/Home-sales-fell-to-2011-low-apf-682403843.html?x=0&sec=topStories&pos=8&asset=&ccode=

[hang ten]

DRV's an inverse 3x leveraged Real Estate ETF.. so it's been suffering with the move up in REITs since early 09.

Here's a comparison between DRV and DRN:
http://finance.yahoo.com/echarts?s=drv#chart3:symbol=drv;range=1y;compare=drn;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off

[CashCowMoo]

It sure has been a while man...what happened to this stock?

[hang ten]

CashCow.. you still looking at DRV? tia

[hang ten]

TBP> The Next Crisis in Residential Mortgages – New Data Emerges

http://www.ritholtz.com/blog/2011/06/the-next-crisis-in-residential-mortgages-%e2%80%93-new-data-emerges/