I am a buyer right after these stock sell off on old news.
CMO reports on 7-24. NLY and AGNC report on 7-29, MTGE reports on 7-30 and AMTG reports on 8-07. They will all take a hit. The stocks will sell off to reflect the poor performance that resulted from the steepening yield curve. All the conversation and activity will be about events that occurred a couple months ago. Since then interest rates have stabilized and so book values have as well. The curve is slightly steeper so the spread is a little better and earnings have improved. I am a buyer after these stocks sell off on old news.