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Note: To sign up to be alerted when the morning email is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber list. Each email from AWeber has a link at the bottom to “Unsubscribe” making it easy to do so should you no longer choose to receive the emails. The market has caught fire this week. After a solid Monday (only the Russell 2000 was very strong at +1.85%), everything was up yesterday: S&P +1.62% NASDAQ +1.31% Russell +1.94% We now sit right on... -Top Gun Financial Planning
Note: This is as of November 15th.From the MBA: Share of Mortgage Loans in Forbearance Increases Slightly to 5.48% The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 5.47% of servicers’ portfolio volume in the prior week to 5.48% as of November 15, 2020. According to MBA’s estimate, 2.7 million homeowners are in forbearance plans....“A marked slowdown in forbearance exits, as well as a slight rise in the share of Ginnie Mae, portfolio, and PLS... -Calculated Risk
Note: To sign up to be alerted when the morning email is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber list. Each email from AWeber has a link at the bottom to “Unsubscribe”. I normally don’t write morning emails over the weekend but I have enough to say this morning that it makes sense. The last section of yesterday’s Day 3 of Mark Minervini’s Master Trader Program was on tops and selling. According to Minervini, while buying is somewhat... -Top Gun Financial Planning
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