400 shares traded. $4.22 real time.

I think it's the spring releasing its potential energy.

Never was .18.

Dow broke 20000 finally.

E*TRADE is showing me $3.95 on Fannie. Looks like it's back $4 today.

Today's post.

Supreme Court Rules Against Fannie Mae on Remanding Lawsuits

http://nationalmortgageprofessional.com/news/61778/supreme-court-rules-against-fannie-remanding-lawsuits

I'm sure there's a lot still on the sidelines. Volume is much higher after the bottom than prior to reversal.

Sellers remorse starting in 3...2...1...

The only thing that's changed is that we're going to have a Treasury Secretary that supports bi-partisan reform rather than a wind down. I take this as a positive.

I'm still laughing about that Valium comment earlier.

The moon?

https://www.google.com/amp/abcnews.go.com/amp/Politics/senate-confirmation-works/story%3Fid%3D43643784?client=safari

What Does the Confirmation Process Look Like?

1) A nomination is given to the relevant Senate committee. The Senate Judiciary Committee, for example, handles the attorney general nomination.

2) That committee can then hold hearings, vote to move the nomination straight to the Senate floor for a vote or not move on it at all (in which case, the committee effectually kills the nomination).

3) After hearings, the committee votes to report a nomination to the full Senate, requiring a simple majority. It may vote to report the nomination favorably, unfavorably or without recommendation. If a committee sits on an appointment, the full Senate may vote to invoke cloture and move the nomination along.

4) If a nomination clears committee, it moves to the Senate floor for a simple majority vote. Filibusters are not an issue here because Democrats changed Senate rules three years ago to eliminate the 60-vote threshold for most nominations. Supreme Court picks are still subject to filibuster.

We should see a nice little run up in advance of tomorrow's hearing.

What is 1\3?

http://nationalmortgageprofessional.com/news/61690/hensarling-slams-premium-reduction

Board mods can't ban, but they can delete off topic posts.

Yes we, no wait, I can....

Anyone else expecting a pop after Trump's electoral college vote is confirmed tomorrow?

My guess is it was the market makers, specifically ARCA.

What a convenience. Skyrocketing volume in FNMA for the last two week and Bill unloads VRX.

You know we're going to run hard on Monday when Along is working OT on the weekend.

Isn't December 12th an important court date, or was I just dreaming that?

Looks like it was for 70 shares.

http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&SA=quotes&symbol=IBM&qm_page=86973

It must be 2017 because it's over $4.

So what brokerage places orders through ARCA? Doesn't seem like retail imo...

http://gselinks.com/Court_Filings/Fairholme/17-1122-0017.pdf

Starting to look like that hammer candle is confirming the reversal.

Looks like she's waking up.

Chart doesn't show time and sales though. In other words, not all of those share sold at that price.

Any idea how many shares traded at $1.66?

Wouldn't it just need a green close to confirm?

A bottle of the Kirkland Signature 40yr please.

Hedge funds aren't required to disclose OTCBB stocks.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104065475

Power hour?

Thanks. Glitchy mobile app.

Are we halted? Etrade isn't showing a bid or ask.

Unfortunately, days like this after a 50% pop are expected. MM's goal is to accumulate based on what's about to happen.

It did need to reset.