Your Lake Arrowhead Sellers, the best choice for a Realtor, with the Top Real Estate Company on the Mountain... Get The Sellers Advantage.
Tuesday, June 08, 2010 7:00 AM
Price Trend: Neutral
Price Volatility: Very High
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Current Conditions:
FNMA 4.0 100-03 (-2)
GNMA 4.5 100-18 (-1)
10yr Yield 3.167
Today’s Economic Data (PST)
None
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Commentary:
This week is a slow one in terms of economic data releases. For the second consecutive day there are no
numbers being released. The market has held on to all of Friday’s gains and it doesn’t appear ready to
move in the other direction. The only thing happening today is a 3yr note auction. The highlight of the week
is Friday’s Retail Sales release. For now, watch the Euro. If it drops stocks follow and bonds rise.
This Week’s Economic Calendar (All times Central)
Date/Time
(Central) Indicator Period Est. Actual Prior Revised
6/9 6:00 MBA Mortgage
Apps. 4-Jun -- 0.9%
6/9 9:00 Wholesale
Inventories APR 0.5% 0.4%
6/9 1:00 Fed's Beige
Book Released -- -- --
6/10 7:30 Trade Balance APR -
$41.0B
-
$40.0B
6/10 7:30 Initial Jobless
Claims 5-Jun 450K 453K
6/10
- Richard Sellers
- elitesellers@gmail.com
- Website
- www.arrowheadlifestyles.com
- Office Phone
- (909) 336-2131
- Cell Phone
- (909) 553-1897
- Fax
- (909) 336-2500
- Address
- 27206 Hwy 189, Blue Jay, CA, 92317
- Description
- "Life isn't about how to survive the storm, but how to dance in the rain."
- Real Estate Broker, DRE CA License #01148405
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