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Chart of the Day
Over the long-term REITs (real estate investment trusts) have actually outperformed stocks. Investors appear to have caught on to this fact and have bid up REITs to new all-time highs. While today's chart illustrates that REITs are well within a long-term uptrend, REITs are fast approaching resistance (red line). Stay tuned...
Notes:
- What are our latest indicators and studies saying about future real estate and stock market trends? Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Source - various
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Quote of the Day
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." - John W. Gardner
Events of the Day
January 29, 2006 - Chinese New Year
January 31, 2006 - US Congress convenes
February 02, 2006 - Groundhog Day
February 05, 2006 - Super Bowl XL
February 08, 2006 - Grammy Awards
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