NLY Watch

High-yield real estate investment trust Annaly Capital Management Inc. (NLY) has paused to ponder Wednesday's downward gap, and the fast stochastic has pulled up from the 20-line without crossing out of neutrality.

	trend	adx	psar	pps	macd	macd trend	sto	sto zone
NLY $17.05

At $17.05 NLY remains well above the $16.75 lower bound of the months-long range identified in Wednesday's discussion.

The stock goes ex-dividend in late September, and the current annual yield is a very attractive 15.93%.


Disclaimer

Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.


No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

Abbreviations:

• psar - Parabolic Stop and Reverse
• adx - Average Directional Index
• pps - Person's Proprietary Signal
• ma20 - 20-day moving average
• macd - Moving Average Convergence-Divergence
• sto - Fast Stochastic

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.
• sto zone: green for bull phase, red for bear phase.