Retraction from Highs this Afternoon....

Market update... we have seen a retraction off recent highs bringing us back down to opening levels. Point in fact we actually closed one tick down. This will inevitably lead to worse pricing on rate sheets. Cross your fingers for a bounce tomorrow at open.

Regardless of this slide, profit taking is a part of investing. All things considered we have a lot to be thankful for. We are after all still within the new established range. Here's a snapshot for all you eye candy junkies.


This retraction is primarily due to the high treasury yields evidenced by the yellow graph below which illustrates the 10 year treasury yield.

Questions and comments welcome.

Also... we just published our first news letter for real estate agents which we are very excited about. Here is a link to that newsletter... don't forget to subscribe and share it with fellow professionals.

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