Market Update: Rally into the close DOW up 97….

DOW up 96.53 to 8500.33

NAS up 22.54 to 1774.33

S & P up 12.32 to 919.15

This rally is just…The Heat of the Moment…

Hit it Dean!!!

Created by HeroPetrelli

GOLD still on a tear up 17.6 to 979.1

Oil too, up 1.31 to 66.39

10 yr pulled all the way back to 3.45% , based on talk out of PIMCO, the Fed isnt riding to our rescue anytime soon, anyone waiting for a 3% 30 yr may want to get their refi apps in now and get happy with any rate under 5%…that Making Home Affordable program for refis ends in June of 2010 I believe, way ahead of the modification program…I will get a post up on that next week…

in the interim go to MakingHomeAffordable.gov for details….

May 29, 2009. Tags: , , , , , , , , , . Politics. Comments off.

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