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We will favor locking today

Mortgage bonds are up a bit and stocks are down as we begin this quite economic news day.  With the lack of economic news, technical factors become more important.  mortgage bonds are still near the top of their trading range, and appear…

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Locking Bias

Mortgage bonds failed to hold their ground yesterday, and were pushed beneath support. ...
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Short term locking bias

Mortgage bonds hit the top of their trading channel and dropped lower this...
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Hang on for the ride…

A whopping 288,000 jobs were reportedly gained in the month of April, according...
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Lock ahead of tomorrow’s employment report

Initial Jobless Claims for the week ending 4/26/14 were released this morning with...
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Get locked in by this afternoon

According to this morning’s report on GDP, economic growth was virtually non-existent in...
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More risk in not locking here

Mortgage bonds are continuing their downward move, and will likely fall to the...
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Action packed news week/Locking bias

Mortgage bonds moved up to the top of the trading range on Friday,...
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Trading in a sideways pattern

The “Head and Shoulders” pattern in the stock charts that we mentioned yesterday...
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Keep an eye on the stock market

Strong reports from Apple and Facebook initially added boost to this morning’s stock...
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