Bad News for Buyers Weighing Hefty Mortgage Rates

In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a look at a very bearish market BIAS Table. He examines how the latest mortgage rates are squeezing buyers and sellers alike by comparing today's mortgage payments versus payments at the lows; it's astounding. Carl also defines "Blowoff v. Blowout" volume and discusses its significance. Meanwhile, Erin finds strength in the Materials (XLB) Sector and zeros in on Steel as an industry group to watch this week.

This video was originally recorded on October 30, 2023. Click this link to watch on YouTube.

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