Tuesday, February 19, 2019

Daily Market Report 2/19/19

http://MikesDailyMarketReport.com: The confidence for Home Builders grew in February, as the Home Builders Index jumped 4 points to 62.  Stocks are trading in Mixed Territory, as the US and China further their talks in DC today with higher level officials.  Stocks have already priced in the optimism of the Talks.  It will probably take an Agreement before they further their rally.  MBS is up 13bps, which means that Mortgage Rates have improved.  Yields have fallend down to 2.64%.                                                                                                   
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