Market Snapshot May 11, 2020
Good Monday A.M., The DOW has come back to unchanged from being down a couple of hundred points early on. Tech stocks are strong and pulling the NASDAQ into…
Good Monday A.M., The DOW has come back to unchanged from being down a couple of hundred points early on. Tech stocks are strong and pulling the NASDAQ into…
Wednesdays’ are the best, I guess the place to start this morning is that the ADP Payroll number came out and was horrendous. It was the worst in the…
Good Monday AM, Bonds prices are down pushing rates up a bit. The 10-yr is at .63 and mortgage bonds off about 10bps. Typically stocks and bonds trade inversely,…
Good Friday A.M., Stocks taking a beating this a.m. with the Dow down 600. Treasuries and Mortgage bonds are flat. The data today was bad but less bad than…