InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

Sunday, 11/29/2009 10:15:33 PM

Sunday, November 29, 2009 10:15:33 PM

Post# of 51808
ABX Mortgage Index Leading Indicator

Despite the equity market's rally out of the early November lows, the ABX.HE.AAA.06-1 mortgage index topped and sold off. The ABX index found some support; however action has been a choppy advance. The ABX index has been a leading indicator for equity markets this year. Take caution.

http://www.markit.com/en/products/data/indices/structured-finance-indices/abx/abx-prices.page?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.