ARCHIVED BLOG POSTS
2013
3
Comments
Each year it seems the frenzy over "Black Friday" becomes more frenetic for shoppers and more publicized by all forms of media. The speed of technology allows an analysis of the successes for retailers as the products are paid for at check out counters across the nation. I actually heard a radi...
11/29/2013
2
Comments
Stocks which were only traded until 1PM today in a post holiday abbreviated session, spent most of the day in the positive. But as frequently happens when there are few players in the pits, a little last minute selling caused stocks to lose all their gains close in the red. Next week we will ha...
11/29/2013
0
Comments
Mortgage backed securities (MBS) closed up 3 basis points today at 104.31 having remained in a channel below resistance offered by the 50 day moving average and above support offered by the 100 day moving average. With few traders in action on this shortened post Thanksgiving trading session, b...
11/29/2013
15
Comments
If you are new to Activerain or if last year is a blur or even if you would like to read it again, I thought I would offer my Thanksgiving poem once again. I hope you enjoy it and feel free to share it as you wish. Thanksgiving There are so many things to be thankful for Where migh...
11/27/2013
Stocks had their ups and downs today as there was some conflicting news released this morning. Initial jobless claims fell by 10,0000 last month to 316,000 claims representing their lowest level since September. At same time durable goods orders and the Chicago PMI fell which does not bode well...
11/27/2013
0
Comments
Mortgage backed securiteis (MBS) closed down 19 basis points today a 104.28 having fallen late in the day to within 3 basis of support offered by the 104.09 prior to bouncing back before the close. The 4.0 coupon MBS bonds remained in a channel between resistance offered by the 50 day moving ave...
11/27/2013
0
Comments
Your credit scores is compiled based on your history in five areas. It can vary from day to day based on your actions or lack of actions. The categories measured and the percentage of your score that they make up are as follows: Past Delinquincies 35%, Debt Ratio 30%, Average Age of File 15%, ...
11/26/2013
0
Comments
As I mentioned, the MBS bonds that we are watching are based on the 4.0% coupon. What on earth does that mean? Well after loans are closed they are pooled and securtized (sold to Wall Street in the form of bonds). Since everything having to do with Wall Street is marked up, the coupon being tr...
11/26/2013
0
Comments
S & P stock futures began the day slightly higher after several day of new records. The Case Shiller housing reort showed that home prices were up 13% year over year while new housing starts were also improved. The odd part about the housing starts is that most of the permits issued were for mu...
11/26/2013
0
Comments
Mortgage backed securities (NMBS) closed even today at 104.50 after having made a run during the day up to resistance offered by the 50 day moving average. The 4.0% coupon bonds remained in a channel below the 50 day moving average and above the 100 day moving average. With the number of trader...
11/26/2013
