Monday 8/18 ... At A Glance
Mon, Aug 18 2008, 7:43 AM
- 6.0's unchanged at 100-07
- Low(ish) volume on Friday followed by limited day today and this week.
- Only news Item for today is Home Builder Index released later today. never usually a big mover.
- Spreads holding up better than last week (chalk it up to absence of headline risk)
- Stocks fairly flat... So far, quiet day on all fronts.
- Technical charts looking mostly bullish, BUT
- Today may not be a bad day to lock, if you have been floating for the last few weeks and are no getting closer to your "crunch time."
- Other than loans closing this week, we'd still float (and might even float this week depending on how today goes.
- LOCK/FLOAT
- FLOAT INTRADAY. Be on the lookout for mid-day volatility which is always a possibility when we have no scheduled data
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