• 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

History Rhymes and a Chart to Share – Mortgage Bonds

History Rhymes and a Chart to Share Stocks are starting the day higher while Bonds are continuing to slide lower.  It’s a quiet news day, so technical signals are in the driver seat…and boy have they been accurate.  A look at the chart on Mortgage Bonds shows the high yesterday touching exactly on the ceiling of resistance at the 200-day Moving Average (MA).  They promptly headed much lower to end

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Conflicting Employment Data – January 03, 2013

Conflicting Employment Data – January 03, 2013 Stocks are a bit lower and Bonds are a bit higher after the big moves we have seen during the past few trading sessions. Economic news was somewhat contradictory this morning.  The ADP report showed that the payroll sector grew by 215k jobs when estimates were calling for 150k.  This is a significant increase, but when breaking the number down, we see that the majority

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“Actions speak louder than words” by President obama

MMG Weekly   Send to a Friend Follow Me On:            Christian Penner Area Manager Mortgage Banker Phone: 561-373-0987 Fax: 561-935-4142 License: NMLS#368289 Christian@ChristianPenner.com www.christianpenner.com In This Issue  Last Week in Review: President Obama spoke…but what actions will follow? Forecast for the Week: With reports on inflation, manufacturing, and consumer news, there’s sure to be tons of action in the markets. View: Got stress? Who doesn’t these days…but take a moment and learn a few specific actions you can take to reduce your stress levels. Last Week

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

Mortgage Broker West Palm Beach shares it by the numbers: CLOSING TECHNICAL SIGNAL: Another day the 3.5% fails to overtake resistance even as Stocks move lower. Gains were modest as the sideways pattern continues and most likely will be the pattern going forward until a clear catalyst emerges. MARKET WRAP: The Bond markets moved higher today as the gains came in the afternoon after the Bernanke speech. Fed Chair Bernanke

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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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