http://MikesDailyMarketReport.com: There are no data to report from the Economic Calendar. We'll start receiving data on Wednesday when we get a look at inflation, by the CPI report. Stocks are Mixed today as we begin to wind down on the Corporate Earnings Reports. There are a few Fed Speakers out today, which it's possible their comments could move the Markets. Lastly, Investors are watching the Colonial Pipeline try to reopen after shutting down 45% of the east coasts energy when they received threats of a cyber attack. MBS was fighting to go above it's 100 DMA, but have pulled back. Lenders on the east coast may have priced in the better position and may face a reprice for the worse, as MBS pulled back a below the 100 DMA; while the west coast is seeing pricing as Unchanged from Friday's close. Yields have risen to 1.59%, as they approach it's 25 DMA.
Please subscribe to my YouTube Channel at MikesDailyMarketRpt
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.
Post a Comment