As we discussed, the period following the last post would be important to gauging the probability of the trend channel persisting. It has and we are looking positive through today.However, there is a negative outlook for MBS for the rest of the month according to inside sources (more on that later). So the decision to lock should you receive the potential eighth should be he... ...CONTINUED - Read More Now
Read more »Yes, We've held steady.
Graph For You... 2 Day Intraday
One of the most common responses to the feedback was for more graphs. So ask and ye shall receive! Below is the graph of the 2 day Intraday Price Curve on the 6.0 Coupon. You can see all the "hedging" that took place yesterday morning leading up to the announcement.Then you can see the sell off right after the meeting that caused some "others" to recommend ... ...CONTINUED - Read More Now
Read more »Volatility Compared To Last Time (A retrospective)
Last Fed Day, we had quite a wild reaction to the FOMC announcement. here was the graph from the minutes following the announcement: In stark contrast, the minutes fo... ...CONTINUED - Read More Now
Read more »Time To Pause, Reflect, And Decide How To Move Forward...
I know this is the longest post in memory, but whether you want to look at it as an investment in your future or
a favor to us (for it is we who are grateful to you for being our readership!), please do us the honor of
giving us your feedback so we can all take the next step forward together in
the most effective way possible.
Trader's Edge!
What's the Trader's Edge?This will be the name of a new section of the MBS blog when we move to deliver our new set of content. We have been fortunate enough to create a relationship with a Senior MBS analyst/active MBS trader/and formerly heavy MBS trader at a major firm on the street. Though he must remain anonymous for obvious reasons, we will be able to benefit from his d... ...CONTINUED - Read More Now
Read more »There Goes a Leg!
One of the Dragon's legs has been lopped off!the 6.0 just ticked up to 100-02 from the ground it was holding valiantly at 99-31.I've been on the phone with an MBS analyst in NYC and will have his thoughts on this current action for you shortly.But Stay Floating! Read More Now
Read more »verbatim text
who got this to you first?"The Federal Open Market Committee decided today to keep its target for the
federal funds rate at 2 percent. Recent information indicates that overall
economic activity continues to expand, partly reflecting some firming in
household spending. However, labor markets have softened further and financial
markets remain under considerable stress. Tight credi... ...CONTINUED - Read More Now
Uncle Ben's Tasty Bowl Of Rice...
Whatever Bernanke put in the mix today, the market's are liking it. We've see so much money move to the sidelines in recent days and to a lesser extent, recent weeks. Currently, the market is showing willingness to put some of that money back into the market with both stocks and bonds improved. At one point, stocks were up over 100 pts and STILL bonds were improved. ... ...CONTINUED - Read More Now
Read more »A request before the action begins...
As you may or may not know, we have bigger plans for what
this website will become in the near future.
As we near the time where we can execute that, there are several things
we want to know that will help us deliver the highest possible value to
you. Fed day is a great day to see the
evidence of just how fast an... ...CONTINUED - Read More Now
Wednesday 6/25/08 ........ How Will You Defend Your Castle?
In A Word:
There is precious little time for preparation now. The "dragon" is at the door! You know, the one whose tail represents inflation, and whose flames represent economic weakness? As mortgage professionals, the flames are generally your friend. Though you morbidly hope ... ...CONTINUED - Read More Now
