-
Posted by
Two Blokes Apr 17 -
Filed in
Stock
-
4 views
VanEck Mortgage REIT Income, a high-beta ETF, is deeply oversold due to recent market turmoil and rising bond yields, presenting a short-term swing trade opportunity. The fund's components, including Annaly, AGNC, and Starwood, are heavily influenced by rates and risk-on/risk-off dynamics, making them ideal for swing trading. Technical analysis indicates MORT and its components are oversold, with a target price of $10.5/share, reflecting a potential bounce.
