Stocks and bonds...What will we do... Homes Sales data showing January sales down .04% from December...This was expected. However the stock market may survive today off the talks of Ambac...The bond insurer that is close to reaching an agreement for more capital.
Anything goes this week. Watching the Bond Yield (currently at 3.82%) a drop below 3.8 could cause a mid day price for the better. However a rise over 3.85% could be a rate increase.
Keeping you posted!
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