Monday, April 27, 2020

Daily Market Report 4/27/20

http://MikesDailyMarketReport.com: There are no economic data to report today.  Stocks are Up on optimism that parts of the world are re-opening their economy, including a few states in the US.  Investors are watching Oil, as it dipped again to $12-$13/barrel.  MBS is Down 11bps, as Mortgage Rates worsened a bit today.  We may have an opportunity, as the 25 DMA may prop them up higher, as it continues it's ascend.  Yields are Up to 0.65%.

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