Life, Lessons, Encouragement and a little market insight to boot

Well today is the day and we patiently await the Fed speech from Fed Chair Janet Yellen on direction on the question if today is the day the feds start raising rates.Personally I do not see this happening until Spring of 2016, at the earliest, but I am just a secondary trader who runs a mortgage ...

Well, as called yesterday and holding true to form, the bonds are taking a slight hit to pricing this morning, ahead of the Fed Chair Yellen's speech tomorrow. All are waiting in anticipation to see if the Fed believes now is the right time to start to increase rates from their all time historic ...

Not a whole lot of breaking news today (other than me being so slammed this is my first break to make this post).I see the market likely staying flat until fed meeting with a potential for a little hedging to put pressure on pricing and rates.Once the fed meeting is over this Wednesday expect the...

Today is the first that the games actually count for the NFL. Since the last game that mattered was the Superbowl back in early February this is a big day for many a football fan.Today has a bunch of good match ups but the one I am most interested in is the Broncos vs Ravens.They play here in Mil...

Ohio State buckeyes won a decisive victory over Hawaii Rainbow Warriors 38-0 but honestly the game was close until the very end of the 3rd quarter. While the Buckeyes defense looked pretty good the offense was very out of sync today and had many miscues. With that said, I do not want to take anyt...

Well in a somber note this day, just about every person over 18yrs old remembers as a horrific attack against America 14yrs ago when more than 3000 innocent people lost their lives due to a barbaric group of radical extremists who couldn't handle a real fight so they attacked unaware innocents an...

Good morning all,Yesterdays results were literally exactly on my call ranged from just a few ticks below 100.5 and closed just under the resistance I predicted of 100.8 (FNMA 3.0 coupon).Today's market has opened and the FNMA 3.0 coupon has already retraced all of yesterdays gain and is currently...

Good morning all. Expect more of yesterdays trading today. Lots of actual non news today with anticipation for the PPI (producer Price Index) numbers tomorrow.I still am holding to the current support and resistance levels of 100.5 - 100.8 (yep tightening the top end a little as I don't see the F...

Good morning all.This week looks to be a little light as far as data is concerned so expect most movement to be controlled by the fears or "perceived" insight on direction Fed Chair Yellen may take on raising rates during next weeks speech.FNMA bonds gave back any gains they had from last week be...

I am SO glad that this weekend was the official start of Division 1 College football.In an odd turn from a typical Saturday afternoon or even evening game this year the unanimous #1 Buckeyes are playing on a Monday night.Ohio State is off to a good start with the defense handing out a 3 and out t...