. . . → Read More: Web Administrator Opening in Virginia
|
||||||
|
CLOSING TECHNICAL SIGNAL: We grow cautious as the Bond trades near the upper end of the trading range. MARKET WRAP: Stocks, Bonds, Oil and Gold all traded higher in today’s trading. Initial Claims were lower, earnings reports were weaker but the Equity markets rallied. Could it have been the positive Pending Home Sales report? The 3.5% . . . → Read More: Closing Technical Signal-4-26-12-Jim McNees Blog CLOSING TECHNICAL SIGNAL: Today’s candle ahead of the Fed decision shows indecision. We are still Floating ahead of the Fed meeting. MARKET WRAP: Not much action in the Mortgage Bond markets today with low volumes as investors await the Fed’s monetary policy statement on Wednesday. MBS had limited gains as Stocks fell. The 3.5% coupon rose . . . → Read More: Closing Technical Signal – 4/24 – Jim McNees Blog Thu, Apr 19 – 5:01 PM ET CLOSING TECHNICAL SIGNAL: We are still cautious as Stocks show resilience. However, the 3.5% continues to trade near support at the 50-DMA. MARKET WRAP: Stocks rallied again today but the losses in the MBS markets were moderate after a initial jobless claims rose and inflation from the Producer Price Index remained tame. Tomorrow’s Consumer Price Index will . . . → Read More: Closing Technical Signal 4-12-12- Mortgage Guide – Jim McNees Blog CLOSING TECHNICAL SIGNAL: We grow more cautious as can be seen by the long upper wick for the 3.5% and with positive earnings from Alcoa. After several good days, locking may be prudent to protect gains. MARKET WRAP: Mortgage Bonds rose for the 5th straight session as investors continue to shift out of riskier assets . . . → Read More: Closing Technical Signals-4/10/12 Mortgage Guide-Jim McNees Blog The Simple Truths of Stress
The great comedian George Burns once said, “If you ask what is the single most important key to longevity, I would have to say it is avoiding worry, stress and tension. And if you didn’t ask me, I’d still have to say it.” As Mr. Burns . . . → Read More: Jim McNees Blog – The Simple Truths of Stress  Leave a comment  Uncategorized  FHA Mortgage, FHA Mortgage Specialist, FHLB, financial news, government loans, government mortgage loans, jim mcnees, Jim McNees FHA and VA mortgage specialist, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees VA Mortgage Specialist, loan officer, Real Estate, union mortgage group, VA Mortgage, Virginia Beach Weekly Economic and Market Review CLOSING TECHNICAL SIGNAL:The Bonds remains in a clear down trend with prices trading within a Falling Channel. The only saving grace? The Bond is resting at the bottom of the Channel, which means it could bounce higher. However – we are not holding our breath here. It would not surprise us to see the Bond test . . . → Read More: Closing Technical Signal – Mortgage Backed Securities Friday – February 24, 2012 9:42am ET Current Trend Direction: Sideways Advise your Clients: Cautiously Floating Current Price of FNMA 3.5% Bond: $103.50, +9bp Mortgage Bonds are trading slightly higher this morning as the 3.5% coupon moves a touch above resistance at the 25-Day Moving Average. With no overnight headlines from abroad to impact trading, the markets await this morning’s . . . → Read More: Jim McNees Daily Mortgage Market Guide 2-24-2012 Leave a comment Uncategorized FHA Mortgage, FHA Mortgage Specialist, government loans, hampton Roads, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees Mortgage Specialist, Jim McNees VA Mortgage Specialist, union mortgage group, Virginia Beach |
Financial EducationHealth and FitnessHuman InterestMortgage and Real EstateRelated Sites |
|||||
|
Copyright © 2012 Match Point 40 – Jim McNees Blog - All Rights Reserved 
|
||||||
Twitter
LinkedIn
Facebook
Jim's Mortgage Home Page