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Newcastle Investment Corp NCT- Market Trend Signal – Trend Following Stocks

|Includes:Drive Shack Inc (DS)

Market Trend Signal – Trend Following Stocks -Newcastle Investment Corp NCT

Newcastle Investment Corp. operates as a real estate investment and finance company that invests in and manages a portfolio consisting primarily of real estate securities. The company’s portfolio of real estate securities includes commercial mortgage backed securities, senior unsecured debt issued by property REITs, real estate related asset backed securities, and agency residential mortgage backed securities.

Newcastle also owns interest in loans and pools of loans, including real estate related loans, commercial mortgage loans, residential mortgage loans, and manufactured housing loans. In addition, it owns interests in operating real estate. The company is organized to qualify as a real estate investment trust for U.S. federal income tax purposes. Newcastle was founded in 1998 and is based in New York City. (source)

NCT  Currently has a BUY Signal

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Stocks: DS