Friday, December 18, 2020

Daily Market Report 12/18/20 The Leading Economic Indicators Index rose 0.6% in November.  Stocks are facing a lot of volatility today, as they face a Quadruple-Witching.  Also, Congress is still working toward a Stimulus Package, along with a Government Spending Bill, in order to avoid a Government Shutdown.  Meanwhile, MBS is currently Down 2bps and sitting just above it's 25 DMA.  Yesterday, it worked itself back above the 25 DMA.  Yields are still sitting in "No Mans Land" between it's 2 technical levels at just under 0.94%.

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Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then please direct message me.

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