Day 3 Murder-Markets: Fannie & Freddie (FNM, FRE)
We are seeing yet another day of the murderous selling in Fannie Mae (FNM) and Freddie Mac (FRE). This is becoming a self fulfilling prophecy despite the GSE’s saying they are adequately capitalized. At 9:42 AM EST we have seen already 19.2 million shares in FNM trade down 7% at $4.18 and 15.3 million FRE [...]
Fannie Mae & Freddie Mac, Classic Gap & Crap (FNM, FRE)
Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are seeing one the purest examples of a “gap and crap” pattern that exists. This term is not meant to be a vulgarity regardless of how it sounds. This is actually a technical analysis term used to describe a situation where stocks gap up quite high [...]
VS Investor RSS Feed