Rocket Stock Pops on Trump's Plans to Buy Mortgage Bonds

Rocket Companies Inc (NYSE:RKT) shares are up 6.1% to trade at $22.53 at last check. The boost derives from President Donald Trump announcing his plan to buy $200 billion in mortgage bonds to create more affordable options within the housing market.The security now boasts a 129.7% year-over-year lead, and earlier hit a four-year-high of $22.85. RKT bounced off support at the 40-day moving average in mid-December, and is set up for another win after ending in the green five times in the last six trading sess ...