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Jobless claims were better than expected this morning, coming in at 330,000 vs. the anticipated 338,000. There was little reaction in the bond market, and stocks are a bit lower after the news. Planned layoffs were reported today at the…
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Additional Articles
Quiet news day
The stock market is again pointed higher this morning, as we watch in...
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Cautious Float
After a rocky beginning to 2014, the stock market is pointing higher so...
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Stuck between resistance and support
Mortgage bonds continue to struggle, as there is no significant catalyst to help...
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Happy New Year~
Mortgage bonds are again at a critical level. Prices have been on a...
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Rates Are On The Move
The markets are closing 2013 just as predicted, with the stock market significantly...
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Will we break below support? That is the question….
Something is about to give in the mortgage rate market… Will rates move higher or...
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Hand on the trigger
Positive economic reports helped stocks push higher this morning. Personal Income was lower...
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Floating Stance
A surprisingly higher than expected figure for the 3rd quarter GDP is helping...
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We bounced off support
Ben Bernanke surprised the markets with the announcement of tapering $10 billion a...
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