Best Closing Levels in Nearly a Month Tue, Nov 25 2025, 5:08 PM Best Closing Levels in Nearly a Month Bonds improved only moderately on Tuesday in a move that’s just as easily chalked up to random holiday-week volatility as any of the day’s data/events. If we’re determined to give credit to […]
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It’s a data-free Monday on a holiday-shortened week and there aren’t any high-impact headlines or massive stock swings to spark any serious bond market movement. Nonetheless, bonds have found a reason to rally ever-so-slightly this morning. Because yields were already at the low end of November’s range on Friday afternoon, the result is that today’s
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Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly Applications Survey for the week ending November 7, total volume rose 0.6% on a seasonally adjusted basis and dipped 1% unadjusted. The Refinance Index fell 3% from the previous week but remains 147% higher than the same
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Key Takeaways Home buyers and refinancers applied for mortgages at the highest level since 2022 as mortgage rates fell to their lowest since last October. Mortgage volume was higher last week than the same time last year as borrowers rushed to take advantage of falling rates. Significant increases were seen in applications for both purchases
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Key Takeaways Nebius shares jumped to a record high Tuesday morning after the Amsterdam-based AI infrastructure provider said it has inked an agreement with Microsoft worth up to $19.4 billion over five years. The price broke out from a pennant, a chart pattern that signals a continuation of the stock’s uptrend. The measured move technique
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Key Takeaways Robinhood shares jumped Monday following news that the retail trading platform will be added to the benchmark S&P 500 index. The price broke out above a falling wedge pattern on Monday, indicating a continuation of the stock’s longer-term uptrend. Bars pattern analysis predicts a potential bullish price target of around $230 and indicates
It’s a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any other economic data. It happened last month in grand fashion, and it is happening again this morning. Nonfarm Payrolls (NFP), which is a count of new jobs created, came in at a mere 22k for
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Key Takeaways Broadcom shares surged in premarket trading Friday after the chipmaker posted better-than-expected quarterly results, boosted by strong AI demand. The price looks set to break out above a symmetrical triangle, signaling a continuation of the stock’s current uptrend. The measured move technique projects a bullish target of $349. Investors should watch crucial support
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Key Takeaways Salesforce shares tumbled Thursday after the cloud-based software company issued a sales forecast below Wall Street’s expectations, raising concerns about demand for its flagship AI agent platform. Salesforce shares had staged a countertrend rally leading into the company’s quarterly results, though the relative strength index had remained entrenched in bearish territory, signaling underlying
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It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr fixed rate moved by 0.02% or less. This is a small enough change that the average borrower wouldn’t see any detectable difference in a loan quote from one day to the next. But due to
Rates End Week at Best Levels; Next Week Could be Huge Read More »