Two Short-Term Plays on Continued QE

It would appear that the policies of quantitative easing will continue for a while longer, and that presents some short-term opportunities in those stocks that have been most affected by the recent rise in rates.

Annaly Capital (NLY) is a mortgage backed real estate investment trust with a 13% dividend yield. The stock price pulled back over 30% this year from its April high to its August low, and it had been attempting to base below a $12.10 resistance level. That level was broken decisively on Wednesday and is being retested today. The daily chart uses a series of simple moving averages to create a ribbon effect and highlight short, medium and longer-term movement....297 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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