A week or two ago, I posted about switching my divvy plays around. And continue to watch for retraces which are not coming @ ARR or NYMT. But CYS did retrace a little. It's coming back nicely. And while I have no plan to buy as a dividend stock, without dropping one I hold. And have no plan to drop either, till extended retrace. The CYS flag looks good for a swing trade. A good sector watch for swing trades. As many REIT's may have unusual continuations.
Especially with all the price climb sentiment seen in high yield REIT'S the past 2 months. I have a theory about that. And think some money managers are adjusting portfolios with their 10 yr. rate worries. Moving to short term, for portfolio performance boosts. At any rate, that's my explanation for the resent 2 month price climbs in REIT's. If correct, we'll see retraces in REIT prices, when the 10 yr. interest rates bounce up comes.
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