REITs ? Anyone invested in them.

Quote from barnz008 : I'd take a spec long on AGNC, though.

why that over NLY? why not both?

agency mREITs seem to be getting lots of hate lately

Quote from rrc06 : why that over NLY? why not both? agency mREITs seem to be getting lots of hate lately

NLY still looks to have some work to do in my book.

Look, it should be very evident at this point that I don't give a rip what the news is on anything in the market. I only pay attention to supply <> price <> demand and the raw data. Price is everything and there's no such thing as "fundamentals" outside of the real-time price. I've simply lost too much money chasing stories told by the boogeyman.

Sentiment, however, is a highly valuable piece of the puzzle and can weigh quite high on speculative positions. I do not ever trade based solely on it, though. Just me.

Quote from rrc06 : Pulling up to its highest level since early September. Should I be kicking myself for not biting off more on the dip in mid november? I have a feeling the recent news on the ACRT acquisition may be creating bullish headwinds for the shares.

Quote from barnz008 : I'd be getting out. Trade the news and lose. Triple top blow off. It's coming down. I'd take a spec long on AGNC, though.

Closing near $44 now. The ARCT merger went through and the divvy is getting close to a 20% bump

http://www.streetinsider.com/Merg...12128.html

Quote from rrc06 : Closing near $44 now. The ARCT merger went through and the divvy is getting close to a 20% bump http://www.streetinsider.com/Merg...12128.html

Sweet.

That thing is pointing due north. Crazy. Not getting caught up in that.

Quote from barnz008 : Sweet. That thing is pointing due north. Crazy. Not getting caught up in that.

Yeah. I think 37.5 was a good starting point. I'd like to add again somewhere in the 30s. I'm definitely nowhere close to doing that now with the VIX near lows and the greed index near highs

Quote from rrc06 : Yeah. I think 37.5 was a good starting point. I'd like to add again somewhere in the 30s. I'm definitely nowhere close to doing that now with the VIX near lows and the greed index near highs

Almost did 8 days of daily closes outside the upper BB. Seven is the record that I've personally seen. Glad you banked it.

But gravity is a bitch, especially with these instruments. The rest of the pack is just now starting to kind of recover. Make sense? Not to me. Sidelines until further instruction.

With rates looking like they're about to break up here in the mid-term, what's the speculation on the REIT's? 10-year hit 2% today and looks like it wants to start moving up.

Also, look at NLY, AGNC, ARR and some others compared to MORT. Has MORT gotten ahead or have the others not kept up? There's something I'm missing.

Earnings for a lot of these in the next few weeks. Could be fireworks as always.

Quote from barnz008 : With rates looking like they're about to break up here in the mid-term, what's the speculation on the REIT's? 10-year hit 2% today and looks like it wants to start moving up.

Yup. Seems like a net positive to me. Widens the spread, no?

Nice bump in NLY and O today. O at a new high

NLY isn't earning enough to cover their dividend, EPS 1.68, current dividend $1.80. I know EPS isn't cash flow, but isn't that a bad sign?

O is simply taking no prisoners. Damn.

Finally got filled on MTGE during the shake n bake today. So I'm in, now y'all can expect a precipitous drop.

You should also look at CIM - Chimera, sister company of Annaly, same management crew - -$0.09 dvidend per share per quarter, on stock of $3.07 /share. That's a dividend yield of 12.34%. Stock also has the potential to rebound and go back to its earlier levels of $5ish if rates move at all in the next year or two.

Quote from TheLoop : You should also look at CIM - Chimera, sister company of Annaly, same management crew - -$0.09 dvidend per share per quarter, on stock of $3.07 /share. That's a dividend yield of 12.34%. Stock also has the potential to rebound and go back to its earlier levels of $5ish if rates move at all in the next year or two.

Thanks!

Quote from TheLoop : You should also look at CIM - Chimera, sister company of Annaly, same management crew - -$0.09 dvidend per share per quarter, on stock of $3.07 /share. That's a dividend yield of 12.34%. Stock also has the potential to rebound and go back to its earlier levels of $5ish if rates move at all in the next year or two.

As long as you don't mind the risk of investing in a company that buys "non-agency" mortgages. NLY sticks to agency paper (safer, more conservative, backed by the government etc.). Just look at the long-term charts if you don't get what I am saying.