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Mortgage bonds continue to show strength and are now pressing up against the next ceiling of resistance. If they can make a decisive break above this level, there is more room for bonds to climb higher before hitting the next…
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Additional Articles
Job’s Report stronger than anticipated
This morning’s Job Report released by the Bureau of Labor Statistics (BLS) showed...
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Awaiting Tomorrow’s BLS Report
Mortgage bonds continue to inch higher, slowly moving further from their 200-day moving...
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Job Growth Shows Modest Gains
The first look at new hires for the month of July was...
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Bonds Looking to Make a Move
The Dow Jones is currently at new all-time highs as investors celebrate news...
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It’s Jobs Week
The stock market is climbing higher again this morning, as it appears to...
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Healthcare Reform Bill Dies… Again
Mortgage bonds remain trapped below their 200-day moving average and just above their...
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Bonds remain in a difficult position
Mortgage bonds improved temporarily yesterday following the announcement from the Federal Reserve. Although...
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Mortgage Bonds on the Wrong Side of their 200-Day Moving Average
Mortgage bonds had a terrible day yesterday, as the continued stock market rally...
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Locking bias
The battle over the 200-day moving average was lost this morning, as mortgage...
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