 
>>> WELCOME BACK.
WILL TODAY'S POSITIVE MOMENTUM 
CONTINUE TOMORROW.
OUR NEXT GUESTS TELL US WHAT TO 
WATCH FOR.
DREW FROM HIGH TOWER.
BRIAN EVANS FROM BOND STREET 
MANAGEMENT.
GOOD TO SEE YOU.
YOU HAVE 30 SECONDS ON THE 
CLOCK, DREW, TELL US WHAT YOU 
PREPARE FOR TOMORROW.
>> THANKS.
WE'LL BE WATCHING THE MORTGAGE 
APPLICATIONS DATA DUE OUT BEFORE
THE OPEN.
MORTGAGE APPLICATIONS ARE 
CONSIDERED TO BE A LEADING 
INDICATOR FOR THE HOUSING 
MARKET.
LAST WEEK'S REPORT SAW MORTGAGE 
APPLICATION DES KLEIN 3.3% DUE 
TO HIGHER RATES.
DOES IT FOLLOW WITH THE LARGEST 
SPIKE IN MORTGAGE RATES SINCE 
2011?
WE THINK HIGHER RATES AND HIGHER
PRICES WILL IMPACT THE 
AFFORDABILITY FORCING THE FED TO
DAMPEN GROWTH EXPECTATIONS AND 
TIMING OF TAPERING.
WE'RE ADVISING INVESTORS TO USE 
WEAKNESS TO ADD VOLATILITY OF 
POSITIONS.
>> BRIAN, YOU'RE UP 30 SECONDS 
ON THE CLOCK, WHAT ARE YOU 
PREPARING FOR TOMORROW?
>> ON THE BOND, I'LL BE WATCHING
THE UNRELENTING INCREASING BOND 
YIELDS BEFORE LEVELING OFF.
AND ALREADY SHEDDING 8% OF THE 
VALUE DUE TO THE 95% BASIS 
INCREASE AND 30 YEAR TREASURIES 
HAVE LOST 13%.
EXPECTING 34% INCREASE AND 
MONSANTO AND LABOR MARKETS ARE 
COMING OUT WITH THEIR REPORT.
>> REAL QUICK, FOLLOW THROUGH 
TODAY'S BUYING, UP DAY OR DOWN 
DAY, WHAT DO YOU THINK?
>> I THINK FOLLOW THROUGH.
>> UPDATE, FOLLOW THROUGH, YES.
>> I'M SORRY?
YOU BOTH THINK --
>> I THINK IT WILL BE A FOLLOW 
THROUGH.
92 THINK IT WILL HAPPEN.
>> THANKS, GUYS.
REALLY APPRECIATE IT.
I KNOW IT'S HARD TO GUEST.
WE'RE LOOKING AT TODAY'S 
MOME
