Bullish move on SRS after opening 5% down.
You can feel a Christmas Crash coming. It just doesn’t seem right that Markets are at extreme levels. Housing Market at Record Prices
Yet Millions clamoring for stimulus AND Home Forbearance. Shopping mall store Signs popping up everywhere for Lease
And long lines for Food.
The Round Peg has been bashed into the square hole and about to pop back out.
That is a much better approach. And I want to thank you for the article. However, it's 'dated'. Don't worry about me. I'll take a small loss every time, but I think we're in for round #2, IMHO! Oh, and I want to manup and apologize for the micro reference. Good luck with your trades.
Not intended as an attack...
Just look at a long term chart of SRS and then read the info at the following link... You can't make any money by taking a long position in SRS. SRS does not go up when real estate goes down.
Long term chart...
If you mean that you are taking a long position in SRS that would be a Boo Boo for boo boo.
yep you nailed the bottom
2012 was a good time to buy additional real estate...
I added two properties in 2012, both in the best areas where demand continues to drive prices up. The most important criteria is very high quality locations.
We have been exceptionally lucky in that current pricing is ABOVE the pre bubble bust of 2007-2008. This is due to the stable economy and the fact that our pricing never ran up as much as other parts of the country. Real estate pricing is firming and rents are going up as well.
Update (44 years)
For some perspective on the all-important US real estate market, today's chart illustrates the inflation-adjusted median price of a single-family home in the United States over the past 44 years. There are a few points of interest. Not only did housing prices increase at a rapid rate from 1991 to 2005, the rate at which housing prices increased -- increased. All those gains and then some were given back during the following 6.5 years. Over the past two years, however, the median price of a single-family home has trended significantly higher. More recently, the inflation-adjusted price of the median single-family home has declined and is now testing support of its two-year upward sloping trend channel.
Maybe it's time to sell your gold and put it back into real estate
For some perspective on the single-family home market, today's chart presents the median single-family home price divided by the price of one ounce of gold. This results in the home / gold ratio or the cost of the median single-family home in ounces of gold. For example, it currently takes a relatively low 116 ounces of gold to buy the median single-family home. This is dramatically less than the 601 ounces it took back in 2001. When priced in gold, the median single-family home is down 74% from its 2001 peak. Since making new 32 year lows last year, home prices (priced in that other global currency -- gold) have worked their way higher. In fact, the median single-family home priced in gold has just broken above its eight-year, downward sloping trend channel.
SRS Chart......ProShares UltraShort Real Estate Fund.........MACD Bullish Crossver Alert.........
Bullish Engulfing pattern formed on the 6th & SRS confirmed the Buy signal on the 7th.......SRS has been bumping against MA(10) @ 21.35.......
This chart shows Real Estate has been doing well.........will the trend continue?.....keep an EYE on MA(20).......$$$
You think shorting this is the best for a while....
SRS reverse split today 1 for 3
ProShares, the world's largest provider of leveraged and inverse funds, will do 1-for-3 reverse share splits on three of its double-exposure inverse funds, effective Oct. 13, the New York Stock Exchange said.
The funds are:
• ProShares UltraShort Real Estate ETF (NYSEArca:SRS - News)
• ProShares UltraShort Utilities ETF (NYSEArca:SDP - News)
• ProShares UltraShort Yen ETF (NYSEArca:YCS - News)
The only reason why housing prices have stabalized short-term is because the banks of which own 80% of the US market have haulted foreclosures on homes.
And the only reason why house prices won't collapse in the long-term is because the government is devaluing the US dollar so the major banks don't take a hit. Home prices ARE being devalued by the fall in the dollar. Food produce inflation was in the double digits in the month of September alone. Cotton, coffee and cocoa had similar inflation numbers in the month of September as well.
The dollar is soon to be worthless. Global countries are in a race to see who can devalue their currency the fastest. This talk about 'stimulus money' is false. The printed money only supports false GDP numbers. The only reason why the US economy isn't showing monthly contraction numbers is because of this stimulus money that has been poured into the US economy. Anyone who thinks this is good better take a hard look at how much their living expenses rise month to month in the next year.
Short SRS 21.24
That move is mostly over. prices have come way down in many parts of the country. they will not go up any time soon but the bulk of the down is done imo. a better play would be to sell calls on whatever you find to short the housing market. with not much chance of it moving up and only going down or sideways you could bank the premie every month
trade for canned goods and ammo
and move to an island
thanks for the ray of sunshine
Hmmm....I am trying to take advantage of the next and MUCH LARGER housing industry collapse. I am looking for a stock that has a 2-3 times short position on residential real-estate. Do you know of one?
This stock will do VERY well next year, IMO.
Closed all short positions. VIX (31.93) is down over 6% since yesterdays highs, but prices are not reflecting that yet. The fundis is in an upward trend that is being established.. SPY is still hovering in the 104 area, and the S&P is still in the 1040 area, but I am expecting markets to improve for the next few days, trading in the consolidation area perhaps, but improving. At this point, I may be wrong, but I am not expecting the Dow to reach 9500 range at this time.
I'll be looking for the next short trend to develop going into August... We'll see SRS has been extremely hard to nail down for more than 8 months. Am not sure when commercial real estate numbers will be used to offset the REITs that report their funding avenues and continue to move along without much market reactions.
Agreed, they are not related, but my S&P target of 1120 was touched and retracted from, the $VIX is at the 200DMA $23.84, the DOW can't break resistance, banks are facing a large default/ and or swap in failed commercial loans due to retail failures. The public has no income/jobs. Something big is about to happen in July, I see it in all the fundamentals. Oil, etc.
And yep, it was a good question, and though it may read like I may have lost it, ... my random answer is do to a quick note, and not much time...
I also publish a list of all Bank and Credit Union failures.
I am also adding TZA and FAZ positions and adding to my EDZ position. I just saw EDC hit resistance also. I should be out of my oil next week and short most sectors going into July.
I hope that helps...
Why would you short commercial real estate based on your reading of the S&P volatility index?
ProShares UltraShort Real Estate seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index. The Dow Jones U.S. Real Estate Index http://www.djindexes.com/mdsidx/downloads/fact_info/USRealEstate_info.pdf measures the performance of the real estate industry of the U.S. equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts ("REITs") that invest in apartments, office and retail properties. REITs are passive investment vehicles that invest primarily in income-producing real estate or real estate related loans or interests. It is not possible to invest directly in an index. If you are negative about commercial real estate, this is the ETF for you. If not, URE should be your choice. See #board-14698
SRS CHARTS >>> #msg-38175411