At this point FNMA might not be all speculation.
"This latest plan is to return the two back to private hands. But as part of the plan, there would be a Treasury backstop in place. But this hasn’t come without pushback. Senate Banking Committee Senator Sherrod Brown has issues with this plan. The concern stems from possible risks that could arise by giving up...
Steven Mnuchin the Treasury Secretary.
His background and role to the 2008 crisis and of course deep connections with his boss, President Trump.
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Insight of a high probability return of investment on Fannie and Freddie preferred shares issued by Merrill Lynch, Morgan Stanley and etc. Right now 100 of billions of their profit (100 %) goes to...
It's been 10 Days since last bullish FNMA idea posted on this account and the stock outperformed.
The target was $3-$5, the price cleared the bottom end of this target already.
Notice that beautiful W formation on the 15 Min chart and the breakout about the Cloud also the multiple bounces off the support line at $2.86 notice this was once a level of resistance.
On this wide time scale, it is easy to see a classic U-shaped Double Top formation (Naked Forex), which often precedes downward price action.
This pattern plays out like a carbon copy on FMCCP, FMCCT, FMCKI, & FMCKP.
Those seeking to enter into a long-term long position in the Freddie Mac family of CMN and PFD stocks that have not already done so should consider...
