MKM Partners: Sell REITs, Buy Utilities

Barron’s, By Chris Dieterich | August 10th, 2015 (Read article)

Even when a couple has a lot in common, one half of the pair can be so overbearing that it’s better for them to split in separate directions.

MKM Partners’ technical analysis guru Jonathan Krinsky take a close look at the relationship between real estate investment trust and utility-stock exchange-traded funds and reaches this conclusion: buy the Utilities Select Sector SPDR Fund (XLU), ditch the iShares U.S. Real Estate ETF (IYR).