Week Ended 10/26/18

Volatile earnings week REIT earnings season kicked off and has given us a glimpse into the fundamentals of various REIT sectors.  Despite the price action, fundamentals are generally strong with a couple exceptions. Industrial Prologis and Duke had rather impressive...

Week Ended 10/19/18

Trading low volume securities Many of the stocks in 2CHYP are thinly traded.  Much of the market would characterize this as a negative characteristic and it causes many to view these securities as riskier.  This perceived risk will in turn cause low volume securities...

Week Ended 10/12/18

Price drop seems unrelated to fundamentals The broad stock market has fallen substantially in recent days and it dragged REITs along with it.  In the process, certain individual stocks seem to have been sold off more as demand for shares dried up.  Within 2CHYP,...

Portfolio Analytics 3Q18

Welcome to the 2CHYP quarterly analytics.  Each quarter we analyze our holdings both at a portfolio level and at a company level. PDF link: 3Q18 Portfolio Analytics   Kimco (KIM) Kimco 3Q18 earnings update Iron Mountain (IRM) Iron Mountain 3Q18 earnings update...

Week Ended 10/5/18

4th Quarter Opens with a Crash The first week of the 4th quarter featured a spike in the ten year treasury yield along with the predictable corresponding crash in REITs.  Big market moves like this often cause erratic pricing which usually causes opportunity.  This...