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Tuesday, February 28, 2006

Tuesday AM Rally

Bonds are now +.35 and our market is better by .1875. GDP came in at 1.6 (up), PMI was 54.9 ( down), Existing Home Sales 6.56M (down), and Consumer Confidence was 101.7 (down). All in All really not very good news for the economy but it quiets the rate hikers! At least for a day. We could easily see a spin around later so be ready and lock on the rally this morning.

posted by Rateinformer.com at 10:13 AM 0 comments  

Monday, February 27, 2006

Monday AM

New Home Sales were off this AM and now our market is flat after being up by .15 earlier this AM. We suggest locking early and staying covered. There is a definite slowdown coming in the economy. PMI, Consumer Confidence and Existing Home Sales come out on Tuesday. All are expected to be down or Flat.

posted by Rateinformer.com at 10:53 AM 0 comments  

Friday, February 24, 2006

Friday AM

Durable Goods dropped -.10.2 % ( BAD ). Oil is up over $2.00 . It could be a rough day for us . Our market is Flat AS OF NOW. Be ready for further news. Stay locked and stay happy. Enjoy your weekend.

posted by Rateinformer.com at 12:39 PM 0 comments  

Wednesday, February 22, 2006

Wednesday PM

Bad news for the economy! CPI was up to .7. That means lower rates for us today but for the long run it means Inflation and that means higher rates ahead. Our market has improved about .20, almost enough for a rate change but not quite there yet. Stay tuned.

posted by Rateinformer.com at 12:12 PM 0 comments  

Tuesday, February 21, 2006

Tuesday AM

Leading Indicators were up 1.1. Our market is off .10 and bonds are slowly drifting off. Rates have stayed low a long time. We cannot expect them to stay there forever. CPI out on Wednesday expected to be unchanged. Durable Goods on Friday expected to be way down which might help us.

posted by Rateinformer.com at 12:00 PM 0 comments  

Tuesday, February 14, 2006

Tuesday Market Notes

Retail Sales was up 2.3%, much higher than predicted. Both auto and non-auto sales were up. Thus, our market came down, as well as bonds. Some of the loss was made up for in the late AM, but it quickly shifted back down. Bonds are currently at -.250. Our market is -.125. Stay tuned tomorrow, as Bernanke will meet with Congress regarding the Fed Policy outlook and inflation.

posted by Jeremy at 1:48 PM 0 comments  

Friday, February 10, 2006

Friday Market Notes

The Trade Balance indicator came in at -65.7B, which was lower than expected, but is not impacting the market. There is alot of caution in the market today. Bonds started strong but are drifting back down, and are currently at +2/32's. The same goes for our market. Expect the traditional "shaky" Friday afternoon as the day continues. Most people are focused on next Wednesday, when Bernanke meets with Congress. If there are any updates, we will let you know. Thanks, and have a great weekend!

posted by Jeremy at 12:13 PM 0 comments  

Thursday, February 09, 2006

Thursday AM

Bonds are currently at +4/32's. Initial Claims came in at 277K, lower than expected. Wholesale Inventories were are 1.0%, higher than expected. Currently, our market is up slightly at +1/32. Now is a great time to lock. Have a profitable day!

posted by Jeremy at 11:47 AM 0 comments  

Wednesday, February 08, 2006

Wednesday PM

All quiet again today with the markets FLAT. As we said on Monday it would be very quiet this first part of the week. Do not fall asleep though. The market can and will move fast on any news on the economy.

posted by Rateinformer.com at 1:16 PM 0 comments  

Tuesday, February 07, 2006

Tuesday PM

Once Again all is quiet. Bonds are now off .25 from .50 this AM. Our market is Flat from -.10 this AM. Enjoy the quiet times while we have them. Thursday brings the only news of value .( Initial Claims expected up). Fridays Trade Balance should be flat but we could get a surprise so stay awake.

posted by Rateinformer.com at 2:09 PM 0 comments  

Monday, February 06, 2006

Monday PM

Market is quiet with no action today. Initial Claims (expected up) on Thursday is the news of the week. There is a big slowdown in housing being felt in the country and prices are coming down. The banks will be having issues with the 100 LTV loans that are being done in more recent Months if housing prices stop rising. We see big trouble on the horizon for the banking community.

posted by Rateinformer.com at 3:02 PM 0 comments  

Friday, February 03, 2006

Friday AM

Unemployment was at 4.7% (Lower) and Factory Orders were down to 1.1 %. Our market is off .10 but could swing either way at any time. Which Indicator do we look at? More people working but not buying products? It puts a new meaning to contrary indicators. Be cautious today as we could move either way. Enjoy your weekend.

posted by Rateinformer.com at 11:00 AM 0 comments  

Thursday, February 02, 2006

Thursday AM

Initial Claims were down to 273K so that should give us a short breather. Our market is off .20 again and rates have been moving up this week big time. The Feds are done until March 28 except for announcements. Friday brings lot of more Economic news so be careful. Factory Orders are expected to be down and that can hurt us. Lock early.

posted by Rateinformer.com at 10:16 AM 0 comments  

Wednesday, February 01, 2006

Wednesday AM

The Feds raised rates again as expected and our market is now off .25 from .125 early this AM. Watch for possible rate changes if it fall further. No news today but Thursday brings Initial Claims (expected up). This could weaken us further.

posted by Rateinformer.com at 10:34 AM 0 comments  

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