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Strong Earnings Propel Stocks to New Highs

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

After having the day off yesterday in observation of President's Day, equity traders seemed energized today as they went right back to pushing stocks to record highs once again.  Wrap that up with a bevy of burgeoning earnings reports and beleaguered bulls stampeded in a hasty retreat.  Filed under bigger is not always better Goldman Sachs commented today that they thought mortgage rates would hit 5.50% by 2019.  The Dow gained 118 points on the day.