10 00 oclock eastern to the money a lot of red on the lefthand side of the screen the dow is down 70 points, look at the nasdaq 170point, shall be big tech, microsoft it is a big winner, up 13 bucks 4 that is a dow stock, the big game puts extra 100 points onto the dow. In other words without microsoft the dow would be negative, google having the worst day in a year, google on the list, down 8. 3 , take a look at the ten year treasury yield moving up significantly, 4. 89 thats where it is now, twoyear well above 5 you are at 510 as we speak, the latest read on new home sales, not existing, new ones. So much stronger than expected they sold at the seasonally adjusted annual rate of 759,000 in the month of september that is up from august which is revised to 676,000. As for the price, median price 418,800, that went down from the month of august. As you have rates that a 23 year high for a mortgage, is that starting to break the back of the price of homes. Stuart maybe. Im being overly o
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