Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of mortgage insurer MBIA
So what: Like penguins and coyotes, the mortgage insurers tend to travel in packs, and that's what we're looking at today, too. What looks like MBIA making a solo move turns into a stampeding herd if you zoom out to include the last hour of the Tuesday session. In that light, MBIA peaked at a 16% gain while The PMI Group
Now what: With mortgage interest rates falling and closing fees on the rise, not to mention the Bank of America
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