Tuesday, May 14, 2019

Daily Market Report 5/14/19

http://MikesDailyMarketReport.com: NFIB Small Business Index rose from 101.8 to 103.5 in April, as Small Businesses gain a little more confidence in the economy and overall Market.  Stocks are rebounding a bit today, as yesterday was a sheer sell-off.  There appears to be a softening in the tone between the US and China, so Stocks are trading in Positive territory.  The threats have simmered a bit, and a bit more positive conversation dialogue was being presented.  MBS is Up 2bps, so Mortgage Rates will remain Unchanged from yesterday's pricing.  Yields remain at 2.41%.

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