Market Outlook
Monday, June 29, 2009 7:15 AM
Price Trend: Positive
Price Volatility: High
_________________________________________________________________
Current Conditions: Today’s Economic Data (all times PST)
FNMA 4.5 100-01 (+11) NONE
GNMA 4.5 100-03 (+11)
10yr Yield 3.465%
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Commentary:
Bonds are up this morning as technical trading seems to be the primary driving force today.
There is no data on the calendar today, but his shortened week will be a busy one. Because Friday is a
holiday, the employment report will be released on Thursday. This could cause Wednesday’s ADP report to
see more trading action. Chicago PMI and the national ISM index are also being released this week.
This Week’s Calendar:
Date ET Release For Actual Consensus Prior
Jun
30
09:00
a.m. Consumer Confidence Jun 55.1 54.9
Jun
30
09:00
a.m.
S&P/Case-Shiller Home Price
Index Apr -18.75% -
18.70%
Jun
30
09:45
a.m. Chicago PMI Jun 38.5 34.9
Jul 01 08:15
a.m. ADP Employment Change Jun -363K -532K
Jul 01 10:00
a.m. Construction Spending May -0.5% 0.8%
Jul 01 10:00
a.m. ISM Index Jun 44.0 42.8
Jul 01 10:00
a.m. Pending Home Sales May 1.1% 6.7%
Jul 01 10:30
a.m. Crude Inventories 06/26 NA -3.87M

Richard Sellers

E-mail

elitesellers@gmail.com

Website

www.arrowheadlifestyles.com

Office Phone

(909) 336-2131

Cell Phone

(909) 553-1897

Fax

(909) 336-2500

Address

27206 Hwy 189, Blue Jay, CA, 92317

Description

"Life isn't about how to survive the storm, but how to dance in the rain."

Real Estate Broker, DRE CA License #01148405

Lake Arrowhead Lake Fronts, Lake Arrowhead Properties, Lake Arrowhead Yacht Club, Lake Arrowhead Country Club, Horse Property, Sailing Lake Arrowhead, Lake Front Living, Mountain News, Boating.