• 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

One Bad Apple January 24, 2013

One Bad Apple January 24, 2013 Stocks are a bit mixed, due to the decline in Apple, and Mortgage Bonds are lower to start the day. On the economic news front, Initial Jobless Claims were reported this morning, and it was another good number. Claims declined 5,000 to a five year low of 330,000 claims, much better than expected. The Jobless Claims number can be very volatile and sporadic, but this is

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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: 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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