Mortgage Bonds have begun the week by continuing to bounce around within a wide range between a key ceiling of resistance and floor of support.
In the news today, Wall Street banking analyst Meredith Whitney, who had made an early and accurate call predicting the demise in financial companies, has made some positive comments on the financial sector. Goldman Sachs and several other Banks are due to report Second Quarter earnings this week, and these reports could have a big impact on Stocks. The reports from earnings season could add to the volatility.
Leonard Winslow, Dominion Trust Mortgage
434-760-2580 (cell)
leonard.winslow@dominiontrustmortgage.com
www.dominiontrustmortgage.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112.
Monday, July 13, 2009
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