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The technical move in the stock market continues to drive prices further away from their 200-day moving average, which is great news for mortgage interest rates. This level is the most influential of all moving averages, and a break above this…
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Additional Articles
Stocks So Far Losing Battle
The 200 day moving average held stocks back from continuing their gains, which...
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Markets Await President Trump’s State of the Union
Today is a slow day for scheduled economic news, so the technical factors...
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Unpacking the Job Report
The technical move lower is continuing once again today for mortgage bonds. The...
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Job Growth Explodes Higher
The bond market is falling sharply today, adding upward pressure to mortgage interest...
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The Fed Provides What Investors Were Hoping For
Financial markets got exactly what they were hoping for yesterday, with the Federal...
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ADP Reports Strong Labor Market Growth
Stocks are making a technical move higher, after bouncing off the floor of...
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Waiting for Results of Bond Auction
Both the stock and bond markets are relatively flat so far this morning,...
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Bonds Prepare for a Big Week Ahead
Although today is a relatively slow day for scheduled economic reports, the week...
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Stocks Approaching Strong Resistance
Stocks are climbing higher this morning, as stocks rally back into the upward...
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