A Bear Fund Actually Prospering

A number of weeks ago, I noticed the triple-bullish-on-real-estate fund, shown below, was breaking out of a big base, only to reverse almost instantly. This failed bullish breakout confirmed my general suspicion that, even in this new-highs-every-day environment, real estate was at risk. Let’s face it, an industry dependent uon super-cheap money can’t thrive in an environment of escalating interest rates. Since that failed breakout, it has sunk hard.

(Click on image to enlarge)


Conversely, the triple-bearish-on-real-estate fund DRV has been thriving, chipping away at its long-term descending trendline and, recently, flying above it. I think being bearish on real estate has a bright future ahead.

(Click on image to enlarge)


Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.