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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Wall Street Fundamentals Releases New In-Depth Stock Reports on ARR, CIM, CYS and HTS

ACCESSWIRE

Mortgage REITs, which have attracted investors with impressive gains and dividend of over 10 percent in recent years, have slumped in recent months on concerns that the Federal Reserve would cut back on bond purchases. The government-backed mortgage securities purchased by REITs have been outperformed by Treasuries, which have negated their hedges against rising rates. The Market Vectors Mortgage REIT ETF (MORT) has fallen approximately 11.0 percent in the past three months. “It’s going to take a couple years of dividends to make up for the decline in stock prices,” said Wunderlich Securities Inc. Merrill Ross. “If you can tolerate it, I’d say hang in there -- realizing that loss is painful and the stock could claw its way back. But you know you are being paid to wait.”

ARMOUR Residential REIT, Inc. (NYSE:ARR - News) shares traded in the range of $4.69 to $4.93 Wednesday before settling to close at $4.69, a decrease of 3.30 percent. The stock appears to be facing some resistance at $4.85 with some support at $4.61. The company currently pays a quarterly dividend of $0.40 a share, $1.60 annually, for a dividend yield of roughly 12.3 percent. Shares of ARMOUR Residential have fallen approximately 22.1 percent in the past month.

More information on ARMOUR Residential and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ARR

Chimera Investment Corporation (NYSE:CIM - News) shares traded in the range of $3.05 to $3.15 Wednesday before settling to close at $3.09, a decrease of 0.64 percent. The stock appears to be facing resistance at the $3.11 and $3.15 levels. The company currently pays a quarterly dividend of $0.09 a share, $0.36 annually, for a dividend yield of roughly 11.65 percent. Shares of Chimera Investment have fallen approximately 6.65 percent in the past month.

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More information on Chimera Investment and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CIM

CYS Investments Inc. (NYSE:CYS - News) shares traded in the range of $10.12 to $10.70 Wednesday before settling to close at $10.24, a decrease of 2.38 percent. The stock appears to be facing resistance at the $10.27 and $10.49 levels. The company currently pays a quarterly dividend of $0.34 a share, $1.36 annually, for a dividend yield of roughly 13.3 percent. Shares of CYS Investments have fallen approximately 13.8 percent in the past month.

More information on CYS Investments and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CYS

Hatteras Financial Corp. (NYSE:HTS - News) shares traded in the range of $25.44 to $26.28 Wednesday before settling to close at $25.49, a decrease of 1.12 percent. The stock appears to be facing resistance at the $25.69 and $25.95 levels. The company currently pays a quarterly dividend of $0.70 a share, $2.80 annually, for a dividend yield of roughly 11.0 percent. Shares of Hatteras Financial have fallen approximately 5.0 percent in the past month.

More information on Hatteras Financial and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HTS

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com