• 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

Will Fed Minutes cause another 40 BP Drop?

  Mortgage Bonds are starting the day a bit lower, while Stocks are near unchanged levels.  Yesterday, Stock prices did manage to close at their highest levels in five years with both the S&P 500 and the DOW getting closer and closer to their all-time highs.  Back on January 11th with the S&P 500 within 100 points of its all-time high, I wrote to you saying “I have seen this movie

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

CLOSING TECHNICAL SIGNAL: Today’s candle again shows indecision but in the face of a 500 point rise for the Dow, the 3.5% coupon showed amazing resilience. We will continue to Cautiously Float. MARKET WRAP: Stocks surged today on Wall Street as the Dow rose a little over 4%, fueled by the global central bank liquidity announcement, the strong ADP report, better than expected Pending Home sales and a solid report from

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

CLOSING TECHNICAL SIGNAL & MARKET WRAP by Christian Penner Mortgage Banker, Jupiter Florida CLOSING TECHNICAL SIGNAL: The problems in Europe are far from over and technicals take a backseat. We are Floating into the Fed announcement due Wednesday at 2:15pm ET. MARKET WRAP: The Bond markets hopped on the roller coaster today as news from Greece pushed and pulled at prices throughout the session. In addition, the lower China PMI and weaker

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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: Support for the 3.5% coupon held at 102.0 today closing just above that level. If it can hold tomorrow prices could recover, if not, we could see another move lower.  MARKET WRAP: The Bond markets fell today as Stocks rallied for the 3rd straight session on news that some deal will be struck to bail out

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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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