Fannie and Freddie are leftovers from the 2008 meltdown. They have used the bailout of the banks and prop up the markets. Unfortunately during this market crash, there is nothing that the fed or government can do to keep the whole market from dropping. FMCC was contingent on the Trump administration getting them out of conservatorship. Focus has shifted and...
Its looks so bearish maybe it is worth a short term bullish trade into earnings. Some slight divergences exists and the lower time frames hint at a decline in selling pressure.
I have a wild theory about Fannie Mae and Freddie Mac. There is a lot of speculation for both companies since the housing bubble crash. I think fear will drive the price down to as low as $1.00 - $1.75 range. Once the Blue Print is revealed I think it will shoot back up. It could also gradually climb back up depending on how the news sells the overhaul. Let's see...
Steven Mnuchin the Treasury Secretary.
His background and role to the 2008 crisis and of course deep connections with his boss, President Trump.
mobile.nytimes.com
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...
Prior to this initial price surge, the White house released comments about their intentions to deliver a solution to the GSE reform (Re-privatizing Freddie & Fannie). Both Mortgage giants have been forwarding their profits to the U.S. Treasury and delivering handsome returns since 2008, after they were bailed out by the U.S. Government during the crisis. Now,...
FMCKM Stock being promoted with Vary high Volume over avg volume!
I was right the other 10 times and i wont stop it now! This stock is creeping up i am waiting for a short setup to form along with the volume to lower!
every small stock aka pennystock will most likely fail! From the years we know this!
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...
