MBS RECAP: On The Verge of Confirming an Unfriendly Shift

Home / Blog / MBS RECAP: On The Verge of Confirming an Unfriendly Shift

Posted To: MBS Commentary

It's very easy to fall into the trap of allowing gains or losses to dictate one's market sentiment on any given day. For instance, am I more likely to offer a cautionary view on the broader range simply because bonds lost ground today? I know my gut reaction is "yes." But as long as we're aware that we're allowing the red on the screen to taint our mood, we can then proceed to dissect things more objectively. This is one of the reasons for technicals and trends. Like we say "trend is your friend until it's not." From an objective standpoint, we can observe, of course, that the rally trend was aggressively tested by today's weakness (as discussed in this video ). But on an even simpler note, this is the first time in the past week that we've seen...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

202808cc b882 45e8 aab3 8f9340798662 60af4073 5b39 41ec 8eab 5be3b753dbfc 55c33cf4 ba9b 44bb a763 2b3cf6a8d915 5ca2543d 1c1a 4f1e bd8e c1d536cbb703 548ab9f9 a617 472f b01f b3ed72d046a6 ca9a5b67 7d01 4706 b2ff 6ed2cc43d9ee 3212c45b 8847 4b6f a4ce 3d08e915b0d2 c26d1ab6 e010 418e 82d1 4a73aec8356c 2ed73768 0587 476b b9bc c6e32f9e5051 6a87d9ed 9af5 4b49 a5b1 9992bb581dfd ac4799a8 4470 416d 9756 c45a10f45d87 82b2bb18 ea3e 4405 b38a 4bf58245867c 87f384bf bf76 42ac 90fe 5ee78c3a2e52 be563db5 3894 4a98 b6cd 7e90b360c661 45bcfb34 7937 4e78 b078 0b6af1f0fa87 248e1931 e882 4a10 9c80 8c653853f75f f1ff1e2c 2422 450b 8f6a 42993f620d71 8b641fe0 a01c 4993 85bf 50a6dd4b25f4 60604f61 7296 437f a311 ae09b1195b02 6636cedf 2d88 4165 9e0a 8570b72fd918 1fd2e74e cd8c 4231 b0a7 0ab809210026 7c52eecd b494 4810 bc70 7ad5c0cd284d 8ef91d03 9e71 4a01 9856 9555bd887f41