trading
MBS RECAP: Friendly Bounce May Already Have Run Its Course
Posted To: MBS Commentary
Friendly Bounce May Already Have Run Its Course Friendly bounces after strong selling sprees are slightly more likely to play out over 2-day time frames. That was the risk heading into today after Tuesday and Wednesday saw Treasury yields close lower for first back-to-back days since mid-January. And as far as Treasuries are concerned, the 2-day rule is in effect. Either that, or we seeing extremely cautious trading ahead of the 3-day weekend. Thankfully MBS outperformed, but most mortgage lenders priced defensively nonetheless. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Jobless Claims 793k vs 757k f'cast 812k prev Market Movement Recap 08:42 AM Very light trading overnight with Asian markets closed for lunar new year. Slightly weaker by the start of European hours and flat since…(read more)
Stock Market Today: Jobs Data Give Investors Cause for Pause
Higher-than-expected initial unemployment claims left the major indices with middling results Thursday; chip stocks and marijuana plays had much more clear direction.
Tyra Banks Snags a Picture-Perfect Malibu Beach House for $4.7M
The supermodel and real estate tycoon Tyra Banks has reportedly snapped up a contemporary Malibu beach house with ocean views, for $4.7 million.
The post Tyra Banks Snags a Picture-Perfect Malibu Beach House for $4.7M appeared first on Real Estate News & Insights | realtor.com®.
Stock Market Today: Market Simmers, But Marijuana Stocks Blaze On
The major indices finished with mixed results on Tuesday as the stimulus picture starts to crystalize. Cannabis-related stocks were another story.
Stock Market Today: Stocks Search for Direction
A choppy day of trading left the major indices largely unchanged.
What Is a Clearinghouse?
A clearinghouse is a financial institution that acts as a middleman between buyers and sellers in a market, ensuring that transactions take place even if one side defaults. If one side of a deal fails, a clearinghouse can step in to fill the gap, thus reducing the risk that a failure will ripple across financial […]
The post What Is a Clearinghouse? appeared first on SoFi.
Value Investing Strategy – What It Is & How to Find the Right Stocks
BlockFi Review: A Cryptocurrency
BlockFi Review – Earn Up to 8.6% On Your Savings with Crypto
Key Takeaways Even the best online savings accounts currently offer an average of just 0.05% APY, according to the Federal Deposit Insurance Corporation (FDIC). Although your money might be safe in a basic savings account, you’re definitely not going to build wealth. With that in mind, it’s smart to keep an eye out for ways […]
The post BlockFi Review – Earn Up to 8.6% On Your Savings with Crypto appeared first on Good Financial Cents®.