Annaly Capital Has Broken Out (Technical Analysis)
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Annaly Capital Management (NLY) has shown a bullish breakout in technical trading patterns, despite potential headwinds from a negative yield spread due to declining long-term treasury rates. The outlook for future interest rate cuts in the next three months further supports a positive short-term outlook for NLY.
March 08, 2025 | 5:30 am
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Annaly Capital Management (NLY) is experiencing a bullish breakout in technical trading patterns. Despite a negative yield spread from declining long-term treasury rates, the potential for future interest rate cuts in the next three months supports a positive short-term outlook.
The article highlights a bullish breakout in NLY's technical trading patterns, which is a positive indicator for short-term stock performance. Although there is a negative yield spread due to declining long-term treasury rates, the potential for interest rate cuts in the near future could offset this headwind, making the overall short-term outlook for NLY positive.
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