Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

Mortgage rates have now been falling for three straight weeks and that is reinvigorating the refinance business. It is not, however, bringing many more buyers back to today’s very expensive housing market. Total mortgage application volume rose 2 percent last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. … Read more

Stock Market Update Tuesday, December 4th, 2018

Stocks were hammered today! After a slightly lower open, the major indices were essentially in a freefall from lunch all the way until the close. Down more than 3.0% today, the S&P closed below its 200-day moving average, a key technical level some traders use to distinguish between bullish and bearish markets. Why the drop? — … Read more

US stock futures fall amid doubts over the US-China trade deal

Stock futures pointed to a negative open on Tuesday amid questions over whether the U.S.-China trade agreement will resolve the two countries’ dispute in the long term. At around 8:46 a.m., Dow Jones Industrial Average futures were trading 103 points lower, implying a decline of 93.43 points at the open. S&P 500 and Nasdaq 100 … Read more

The thing the bond market most feared is beginning to happen

The bond market sees storm clouds on the horizon, despite the trade ceasefire between President Donald Trump and China. But not all strategists agree with the dire warnings, though they do note some unusual behavior. On Monday, the difference between the 10-year Treasury yield, at 2.97 percent, and the 2-year yield, at 2.82 percent, dramatically … Read more

Jeff Clark’s Mastermind System – An Amazing Opportunity to Trade

Jeff Clark Mastermind – What is it? This is something real, something lasting, something that you can look back on as a CRITICAL TURNING POINT in YOUR trading career. This is a 3-month, immersive learning experience. It takes never-before-seen trading strategies and delivers them to you within the comfort of your own home in a highly-impactful … Read more

Petra Hess’ Webinar – Trend Lines Made Simple

This Tuesday, December 4th at 8 PM EST Petra Hess will be hosting a free training session with new, all-star Options trader, Heather Cable. There’s no need to register, just add this event to your calendar. Catch this video  for a SNEAK PEEK of Tuesday’s presentation: Petra’s presentation will focus on Trend Lines: where to draw them, what … Read more