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TraderJoeNY
Feb 25, 2021 1:37 PM

FNMA vs XLF reveals 100% upside?  Long

OTC:FNMA1D
Fannie MaeOTC

Description

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Looking at the FNMA vs XLF chart, without getting too precise, you'll see the general correlation between XLF and Fannie Mae. Since the COVID lows, XLF is +70% and FNMA is at near 0%, and, FNMA is oversold at a support area. Long FNMA.
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