Ron Brown's Blog
National Debt Clock
var zFontColor = "#CF1919"; // Debt Value Color
var zFontSize = 14;// Debt Font Size
ARCHIVED BLOG POSTS
2008
4
Comments
US Stocks are back to the "normal" volatility roller coaster, and the Dow has been up more than 200, down more than 200, and is now mounting a late day rally back to positive. Mortgage Bonds have traded to the negative today, but are still priced above the important 200 day average. Stocks wen...
10/23/2008
2
Comments
US Stocks are down today with the Dow of by as much as 5% as investors deal with poor earnings, and fears of global recession . Mortgage Bonds are holding on to slight gains as they push against technical pricing resistance. The Dow is back down to the 8,600 range as investors look to sell in ...
10/22/2008
0
Comments
After a day of only positive numbers, US Stocks are back to the roller coaster we have come to expect with the Dow down by over 200 points, as well as being in positive territory throughout the day. Mortgage Bonds have not been nearly as volatile, and have traded within a plus or minus 10bp rang...
10/21/2008
2
Comments
US Stocks are on a strong rally, responding well to the prospect of another government stimulus package. Mortgage Bonds are also much better, as they push to finish above their 200 day average. Stocks continued their winning ways to start the week, as the Dow is enjoying the first day in a lon...
10/20/2008
0
Comments
US Stocks continue their roller coaster ways as the Dow has been down by 200, and up by 300 while it is currently nearly flat for the day. Mortgage Bonds have also traded in a seesaw manner as they react to Stocks, but they look to finish positive for a third day in a row. Stocks began the day...
10/17/2008
0
Comments
US Stocks are back on the seesaw today as the Dow was initially up by triple digits, then down nearly 400, and currently has rallied back to be "only" down 150. Mortgage Bonds enjoyed a strong rally yesterday, bouncing off their lows of the year, and ending the day with enough gains to push mor...
10/16/2008
0
Comments
Us Stocks are falling once again, with the Dow testing the 9000 mark. Mortgage Bonds are also under pressure, but have made some gains after touching on their low point (= high rates) for the year. While Stocks are down across the board, it looks like today's losses are at least partially due ...
10/15/2008
1
Comments
US Stocks looked to build on yesterday's historic rally, gaining 400 points in early trading, but have since cooled down and are back to the day's starting numbers. Mortgage Bonds opened down from yesterday, and despite an early rally have settled close to the opening mark. Stocks benefitted e...
10/14/2008
3
Comments
US Stocks are responding well to the latest round of government support with the Dow trying to finish above 9000, after falling below 8500 last week. Mortgage Bonds are not trading today due to financial markets observance of the Columbus day holiday. Stocks rallied out of the gate this mornin...
10/13/2008
0
Comments
Today's update is more of a market wrap, as I tried on several occasions to create an update, but was unable to type fast enough! The Dow ended down by 128 points on the day, but traded in a record range of over 1000 points after falling by nearly 700 points in the first 8 minutes of trading. M...
10/10/2008
Rainer
129,204
129,204
Ron Brown NMLS #270845
Service Areas
The views, and opinions expressed here represent the personal views, and opinions of Ron Brown. They are not necessarily the views of First Mortgage Company, and should not be construed as being so. They are for informative purposes only, and any persons reading them are encouraged to research there current relevance, and timeliness before taking any action.