ARCHIVED BLOG POSTS
2015
Today was the day for the jobs report to be released. There was little drama as the new jobs number came in at 223,000 just below the 230,000 expected. The unemployment rate did drop to 5.3% for which President Obama stepped up to take credit. The less noted headline, however, was the reason t...
07/02/2015
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Mortgage backed securities (MBS) closed up 34 basis points today at 102.75 have passed through and closed above resistance at the 102.66 level. Perhaps now MBS bonds can take another run at the 25 day moving average which lies just 24 basis points above. The Greek crisis will play out on Sunday...
07/02/2015
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Stocks recovered somewhat from Monday's overwhelmingly down session. trader's seem confident going into tomorrow' jobs report. The report, which is usually released on a Friday, is being released a day early because all market will be closed Friday in observation of Independence Day. Despite c...
07/01/2015
