WHY Annaly's (NLY) Quarter Could Be Off To A Good Start

As most of us are painfully aware, the mortgage real estate investment trusts (mREITs) have been among the weakest stocks of the last six month in an otherwise strong bull market. However, in this article I will provide evidence as to why I think things are starting to look better for my top holding in the sector, Annaly Capital Management (NLY). In fact, there are some signs that indeed this may be the case. At the most basic level, the last few weeks of the third quarter and the current fourth quarter have provided an environment that has been quite strong for the company, but understanding where the positives and negatives reside is key to deciding if the stock is a buy with defined upside at these levels. On the surface, things are looking.....READ MORE