0IL0 trade ideas
Does FNMA Have Enough juice To Keep Going?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 control." - PennyStocks.com, 2 Penny Stocks To Buy Or Avoid This Month: FNMA & FMCC
I think the government angle is something to pay attention to right now, personally. The closer a decision comes, the less "technical" and the more "headline" risk will play a factor.
FNMA long setupFNMA price near to strong weekly support line. possibly buy. wait for 123 pattern for entry. I also watching this one .
FNMSWaiting for a further pullback and retracement 0.236 Fibonacci level. Also waiting when MACD will make a bottom
50 Year FNMA SpeculationAll news aside it would be incredible to reach these levels again and fulfill decade long trend lines.
FNMA Continues Illustrating Strength During RallyTarget $4.00 from latest quote of $2.77.
The size of the instrument is a great confidence booster, the market cap is less than $20,000,000,000.
$FNMA Monthly Chart... should go higher imoThis Monthly Chart caught my eye.. keeps breakout out higher in the long term consolidation; the moves are insane on a monthly basis, seems this could go much higher actually.
FNMA Posts 23% Gain In 10 DaysIt'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.
FNMA (Fannie May) Massive Volume Day FNMA (Fannie May) quote 2.36 at 3:28 PM 1/18/19
Massive volume and gains on Fannie May (FNMA) stock price today looking up towards $3-$6.
Big 5 year bull flag in Fannie preferredAll preferred look similar. Big bull flag that resolves by May of next year.
FNMAS Finally Making MOVES After Positive NewsIt looks like with recent court hearings and news, FNMAS preferred share holders and investors in general have a positive expectation going forward.
Keep in mind we except the stock to jump back to value price of $25 MINIMUM once court proceedings with the federal government concluded.
As of now, I see this going to 8$ range- and from there FOMO could start kicking in. Play it safe. We waited years for this. Just 5 Months to go.
LONG IT. 50% POSITION OF ENTIRE PORTFOLIO RECOMMENDED.
FNMA - Could break out in the next 30 daysAbout a week ago FHFA announced the GSE's (Fannie and Freddie) will be allowed to retain their capital. This is a vital step if the twin GSEs are ever to be released from their conservatorship. Fannie and Freddie together account for something like 80% of the US mortgage market and every day MBS pools are bought/sold. The great thing about MBS is they have treasury like risk but higher yields.
Prior to the 2008 crash, Fannie was trading at something like $56/share.
Currently the government owns 80% of Fannie and Freddie and in November 2012 they retroactively amended the terms of the bail out agreement to redirect 100% of all profits to the government and 0% to the 20% public shareholders.
Obvious theft. What happened was in 2012 mortgage and housing started coming back STRONG and it was plain as day obvious to everyone Fannie and Freddie would soon be able to pay back their loans and exit conservatorship.
The Obama administration had other ideas though. To them, confiscating 100% of all profits was a way of securing $200+ billion a year in revenue without "raising taxes". It just meant confiscation instead. (What's the difference then?) So far, the republicans don't seem too eager to give up this revenue stream either. Makes one wonder how far they're willing to go... because I think we already know.
The irony is another amend to the agreement was none of these payments went towards actually paying down the loans.
By Feb 2014 Fannie and Freddie had paid back all of their tax payer loans and then some. For the past (nearly) 4 years now, all profits have continued to flow into the U.S. Treasury.
Fannie and Freddie borrowed $187 billion and and have paid back $271 billion yet still "owe" $187 billion. The government it would seem is the ultimately loan shark.
If you don't love your government, change it.
$FNMA Breakout Confirmation Part 2Notice the support lines from Nov coming into play again and the nice triangle formation between where the breakout started in November and the are it bounced off of today. Also the amount of cloud has shrunk considerably. $FNMA Long
$FNMA Breakout ConfirmationNotice 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.
fnma - long - possible continuation breakFannie mae looks to have been unlocked by the trump victory i will be watching for possible continuation and another breakout targeting the $4.50 area i think in the long run FNMA could be back in the $20 range
For those involved in the FNMA Saga, it's been a good 4 weeks.FNMA and FNMAS each had great weeks. Not surprising they close off the highs as long suffering investors take some profits. Still a long way from dividends being restored on preferred and capital build on common (but maybe not, you never know). At these levels preferred might make more sense than common. Either way undeniably positive news ... if it pulls back to low $3s buy some more (but regardless hang on to what you have).
www.nytimes.com
FNMA crashes up on potential of release from Gov clutchesWill FNMA make the portfolio great again? The potential is yuge!
