Annaly Capital: Ready To Break Higher On The Rate Cut Cycle (Technical Analysis)

marchmeena29 Annaly Capital Management, Inc. (NYSE:NLY) is a mortgage real estate investment trust ("mREIT") that primarily invests in agency mortgage-backed securities, and other mortgage-related paper. Given the current economic environment, and the increasing likelihood that the Federal Reserve will soon initiate a series of interest rate cuts, Annaly's leveraged agency MBS portfolio should be expected to perform well in coming quarters. While certainly a riskier investment than holding agency MBSs or Tr ...