649bruno
Long

MTGE: American Capital Mortgage, Strong Earnings

NASDAQ:MTGE   MTGE INVT CORP
6 0 4
American Capital Mortgage Investment Corp. is a real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments.
On 8/1/2016, MTGE reported 2 quarter 2016 non-GAAP earnings of $0.46 per share. This result beat the $0.43 consensus of the 7 analysts covering the company.
I look for a double play in stocks: STRONG EARNINGS and STRONG TREND. MTGE-has both.
Let's look at my TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The Ichimoku Cloud is rising as well as the 89 day moving average . 2. Prices have risen FAR above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line.
4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud.
6. The indicator on the top of the page is RSI / Stochastic , and this is strong (now consolidating). 7. The top middle indicator is vortex and it is strong (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of the stock , and this is STRONG. It has been mostly ABOVE THE ZERO LINE since February, indicating buying pressure. 9. The green fractal arrows are up (not shown).
10. Look to the far right on the chart, around $17.00. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the alligator is FEEDING in the uptrend.
This is a very solid stock with a strong uptrend.
My advice is to accumulate on weakness. Remember: The trend is your friend.

As I pointed out in the two-10-Year T-Note Yield charts previously published, interest rates are grinding lower.
This should benefit-MTGE.

Good luck to you. Don.
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