Sunday, 15 April 2018
ParkwayLife Reit: 15 April 2018, Sunday, 7.29pm Singapore Time
15 April 2018, Sunday, 7.29pm Singapore Time
(Click on Funds Flow Analysis Chart above to Expand)
While crude oil stocks mostly continue to see funds flow inflow, at its opposite end, REITS continue to see funds flow outflow. While some selloffs are buy on dips, sell-offs are never buy on dips for Reits. The 3 black circled region shows how smart monies are less interested in buying reits anymore and coincides with the worldwide phenomenon of unloading of REITS from smart monies to fools' monies in rising rates environment. For ParkwayLife REITS, the recent selling has resulted in a net outflow in funds flow now. This is just another bearish outflow example in the world of REITS. In the price action, this Reit is being suppressed by the red moving averages as resistance. Bearish on Reits worldwide under a rising rates environment.