RECENT BLOG POSTS
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A Wonderful Weds Morning to all, Economic news is lean today, expect choppy trading again. Have a Great Day
12/29/2010
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A Terrific Tuesday Morning to all, Economic News: Case Shiller Home Prices dip across the country, Consumer Confidence comes in under expectations, Richmond Fed Manufacturing is double what was estimated. Expect choppy trading thru the week: Advise locking short term. Have a Great Day!
12/28/2010
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I Hope Everyone had a Wonderful Holiday Weekend, Economic News: China raises Interest rates. Have a great day!
12/27/2010
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Terrific Thursday morning to all, Economic news: Both Initial and continuing jobless claims show improvement, Durable goods – Transportation was positive, New home sales less than expectations. Expect choppy trading the market will close early today. Happy Holidays!
12/23/2010
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Wonderful Weds Morning to all, Economic News: GDP came in slightly under expectations, Personal Consumption for the quarter was up, Existing home sales came in under expectations, Housing Price index showed improvement. Mixed news trading will be choppy.. Have a Great Day!
12/22/2010
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Terrific Tuesday Morning to all, Economic news: Lean today and action packed Weds + Thurs. W-St + Global ,markets were up which will put pressure on bonds. Have a great day!
12/21/2010
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A Marvelous Monday Morning to all, Economic News: Consumer Confidence is due out later. Be careful.. advice lock on any rally. The 22nd + 23rd are packed with economic reports which can sway the markets either way. Have a great day!
12/20/2010
What has happened with Mortgage Rates? Will rates improve? Nov 4th was the turning point for MBS (Mortgage Backed Securities) since then bonds have dropped equaling higher interest rates. Several factors have contributed: The FED buying Treasuries, Investors pulling from bonds to invest in Wall S...
12/18/2010
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Fabulous Friday morning to all, Economic news: Leading Indicators show economic growth, but the housing market is still lagging… Until a sustained rally is seen bias to lock the markets are still very choppy. Investors have run to W-St and equities for now when they correct the flight back to qua...
12/17/2010
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Terrific Thursday Morning to all, Economic News: Initial Jobless claims show improvement, Continuing Jobless up over last week. Housing starts were up 3.9% for Nov. Market still is losing ground be careful. Have a great day!
12/16/2010