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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 currently testing resistance (red line) of a long-term trend channel. Stay tuned...
Notes:
- Does the REIT rally and the stock market rally continue or is the party over? The answer may surprise you. 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
"The time is always right to do what is right." - Martin Luther King, Jr.
Events of the Day
February 25, 2007 - Academy Awards
March 03, 2007 - Iditarod begins
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