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Mortgage bonds failed to advance yesterday, as bond prices softened. Fortunately, prices remain in an upward trading channel, at least for now. However, they are currently at the bottom of this channel, so we could see this change. With a strong ceiling of…
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Additional Articles
Are We Already in a Recession?
Yesterday, Fed Chairman Jerome Powell finally gave the markets what I hoped he...
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Waiting on the Fed
Stocks recovered in late day trading yesterday and are following through and advancing...
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Political Challenges Cause Rift in Market
Stocks have started the day weaker, failing to continue to build upon the...
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Stock Markets Remain Volatile
After taking a shellacking last week, the stock market bounced off the floor...
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Stocks Recovering Losses
Yesterday’s market update was spot on, with stocks bouncing off the floor that...
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Stocks Continue to Suffer, Bonds Holding Stable for Now
Stocks are once again down sharply in early morning trading. However, the stock charts...
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Stocks Get Hammered
Following another failed attempt to break above its 100-day moving average, the stock...
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The Path to the Next Recession
Stocks are still lacking the strength to break above their 25-day moving average,...
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Rates Improving, but May Not Last Long
Mortgage bonds continue to trade within a tight range, as markets look for...
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