http://MikesDailyMarketReport.com: It's a light week, this week on the Economic Calendar. Today is Factory Orders for November, which was due in December, but was delayed due to the Gov't Shutdown. It dropped 0.6% in November, which was faster than forecasts of -0.2%. Stocks are trading in Mixed Territory, as the DOW is the only index in Negative Territory, this morning. They're taking their cue on Q4 Earnings Reports and will be looking for signs of progress on US/China Trade Talks, as we are drawing nearer to the deadline before the US places higher Tariffs (March 1st). MBS is currently down 14bps and testing it's double floor of support. Mortgage Rates have worsened on this decline. Yields are rising (up to 2.72%) and testing it's 25 DMA.
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