ARCHIVED BLOG POSTS
2009
What the Markets Are Doing Today: Prices of bonds and mortgage backed securities opened down (yields up) again this morning while stocks opened up on stronger than expected economic data. The Dow opened up 87 points from yesterday's close NASDAQ opened up 19 points from yesterday's close The 10 Y...
03/25/2009
What the Markets Are Doing Today: Prices of bonds and mortgage backed securities opened down (yields up). Stocks also opened down this morning. There are no economic reports due out today. The Dow opened down 100 points from yesterday's close NASDAQ opened down 24 points from yesterday's close Th...
03/24/2009
What the Markets Are Doing Today: Prices of bonds and mortgage backed securities opened down (yields up) slightly this morning before reversing course and are now down price (yields down). Stocks also opened up on better than expected existing housing sales and on news of the "toxic asset" purcha...
03/23/2009
What the Markets Are Doing Today: Prices of bonds and mortgage backed securities opened up (yields down) this morning before reversing course and are now down in price (yields up). Stocks also opened up but are now heading into negative territory. The Dow opened up 28 points from yesterday's clos...
03/20/2009
What the Markets Are Doing Today: Stocks and bonds opened up (yields down) this morning while mortgage backed securities opened down. After the news yesterday afternoon, there's not much to say this morning other than expect some profit taking in the markets over the next couple of days. The Dow ...
03/19/2009
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There was a huge rally in the bond and mortgage backed securities (MBS) markets this afternoon. The rally came after the FOMC meeting that was held yesterday and today. The Feds have announced that they will purchase up to $300 billion in long term bonds in the 3rd and 4th quarter of this year. O...
03/18/2009
What the Markets Are Doing Today: Prices of bonds and mortgage backed securities (MBS) markets both opened up (yields down) this morning while stocks opened down despite stronger than expected economic news. The Dow opened down 73 points from yesterday's close NASDAQ opened down 7 point from yest...
03/18/2009
Happy St. Patrick's Day What the Markets Are Doing Today: The bond and mortgage backed securities (MBS) markets both opened up slightly but are almost flat this morning. Stocks also opened up slightly,but have see-sawed between positive and negative territory this morning. The Dow opened up 5 poi...
03/17/2009
What the Markets Are Doing Today: The bond and mortgage backed securities (MBS) markets both opened in negative territory again this morning but gained as the day wore on. Meanwhile, stocks opened up as they continue their advance for the 5th consecutive day. Investors are hoping that the stock m...
03/16/2009
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Prices of Treasuries and Mortgage Backed Securities (MBSs) dropped (rates up!) today as China expressed a concern about the decline in the value of the US dollar. This has some traders concerned that China may begin selling the US bonds they hold. Additionally, If the dollar continues for drop in...
03/14/2009
Rainmaker
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Lew Corcoran, ASP®
Home Stager & Real Estate Photographer