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Locking Bias

Stocks bounced higher after hitting their 100 day moving average.  We mentioned yesterday the significance of this floor of support, and how there has not been a decisive break below the 100 DMA in over two years.  The bounce higher…

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Locking Bias

The stock market is currently sitting right on a significant support level at...
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Floating is too great

This morning’s release of a stronger than expected GDP report rocked the bond...
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Locking Bias

Both mortgage bonds and stocks are off to a higher start this morning. ...
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Locking Bias

This is a week filled with financial news reports, with the highlights being...
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Locking Bias

Today is a quiet economic news day, so mortgage bonds will likely take...
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Safe play will be locking

The highly anticipated reading on inflation was released this morning, with CPI (Consumer...
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Watch the market closely this week

Thanks to weakness in the stock market, mortgage bonds are improving so far...
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Floating Stance

Mortgage bonds tested the 102.00 level again yesterday, and after briefly breaking below,...
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Locking Bias

The good news, bad news cycle of economic reports hit the wires this...
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