• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

The Invisible Threshold

The Invisible Threshold   January 10, 2013 Stocks are beginning the day higher, while Mortgage Backed Securities are off to a rough start.  Yesterday morning’s advice to lock, based upon technical signals, appears to have been on the money. A quick look at the chart shows how the 100-Day Moving Average (MA) has been a tough ceiling of resistance, and prices are backing off that level this morning.  On the news front, Initial Claims

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The Market Wrap Report by Christian Penner

The Market Wrap Report given to you by Christian Penner Mortgage Broker West Palm Beach: CLOSING TECHNICAL SIGNAL: The 3.5% fell below support day but quickly reversed course and finished with small gains setting a positive tone for Mortgage Bonds. But remember, volatility remains and sentiment can reverse on a dime. MARKET WRAP: Volatility returned to the markets today fueled by optimism in Equities and then a complete turnaround as the trading session wore

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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