Annaly and AGNC Investment see buying as market tanks

|About: AGNC Investment Corp. (AGNC)|By:, SA News Editor

Losses for the major averages are accelerating in afternoon trade, with the S&P 500 down 2.2% and Nasdaq down 2.7%.

Most of the mortgage REITs are also lit up red, but the two sector giants are among the very few names moving higher today.

Annaly Capital (NLY +0.4%), AGNC Investment (AGNC +0.6%)

Other players: Chimera (CIM -0.8%), Two Harbors (TWO -0.7%), Armour (ARR -0.6%), New York Mortgage (NYMT -0.7%)

ETFs: MORL, REM, MORT

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