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Bearish MACD for Capstead Mortgage Corp.

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Capstead Mortgage Corp.’s MACD indicator has moved into bearish territory with a reading of –0.0893. The Zacks #5 Rank (“Strong Sell”) stock decreased more 1.64% to $11.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past two months to $1.53 per share.


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