Mortgage bonds remain stuck at the bottom of the trading channel, as the markets contemplate their next move. Stocks continue to move higher, which could ultimately be the catalyst to force bonds beneath the floor of support that has held mortgage…
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Additional Articles

Bonds Holding Bottom of Channel
Mortgage bonds are hugging the bottom of their trading channel, as the strength...
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Technical Picture Continues to Drive Market
After hitting the bottom of the trading range yesterday, mortgage bonds make a...
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Mortgage Rates Pressured Higher
After matching the lows the stock market has seen since early June, the...
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China Retaliation Coming?
Mortgage bonds are having another great day today, climbing back to the top...
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The Yield Curve Invests
The yield curve that we have talked about for many months finally invested...
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Stocks Rocket Higher
Stocks are coming back strong following President Trump’s announcement that he will delay...
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Stock Prices Heading Lower Again
Stocks are starting the day lower in early market trading, as fear continues...
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The Most Significant Yields Close to Inverting
The most concerning indicator as I review the charts this morning is the...
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Stocks Rebound
In nearly perfect technical fashion, the stock market bounced back and recovered all...
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