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Tuesday, May 10, 2016

Reit Update

I posted on the possible buying pressure that might give a lift to REITs because on index reconstitution on Tuesday May 3 (citing analyst reports and press reports)

As of May 9 close RWR the S+P REIT ETF hit a 52 week high and was up from a close of 94.06 on May 3 to a close of 97.76 on the 9th a bit under 4%

10 day chart (15 minute intervals) for RWR

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