Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Today STILL inside the pennant! FNMAS already broke out of its pennant! Break-out of FNMA could happen if FNMA follows the break-out of FNMAS (chart below the one of FNMA) from yesterday!
FNMA 120-minute-chart from yesterday:
Below is the chart of FNMAS. The break-out could have happened yesterday, or already last week, depending on the upper pennant/triangle line!
FNMAS 120-minute-chart from yesterday:
Ok, perhaps only a technical reaction because the MACD is about to become positive tomorrow or the next day! Currently at -0.021
FNMAS daily chart with MACD: http://schrts.co/VK3Y11
He asked for any possible reasons...
Perhaps some people know that the ruling for the writ of mandamus will be released today?!?
Yes, RSI at 48.73 only, much up-potential, and Bollinger Bands are very tight...
Chart showing RSI and BBs: http://schrts.co/2eUF6e
Glen, what's your take on this? TIA
Tim Pagliara: The release of executive privilege documents will be a bigger indictment of the corrupt "Sweep" than the books and records of the FRE.
The release of executive privilege documents will be a bigger indictment of the corrupt "Sweep" than the books and records of the FRE. https://t.co/Uyc0BpQ1qM
— Tim Pagliara (@timpagliara) January 21, 2017
It was an orchestrated drop yesterday IMO and the MMs gained a nice profit yesterday...
Nice, that should be enough time for Mnuchin to maximize the PPS of FNMA/FMCC before he divests all his assets...
https://www.pressreader.com/usa/the-washington-post/20170120/281487866055659
From the article:
...and I cannot see any gap!
The employee claims have nothing to do with WMIH or the current WMIH BOD.
The employee claims were against former WMI and are now handled (and paid or not) by the WMILT (WMI Liquidation Trust). The WMILT is a different entity and is not coupled to WMIH or its PPS.
When is the voting? Today, or is only the hearing today? TIA
Short Volume Ratio slightly increased yesterday to 26.2%
http://shortvolume.com/ and then enter FNMA
If you change the "Time Period" to "All", you can see that the mean Short Interest Value jumped from about 15% to 30% in 2013 and stayed there until September 2016. Since then it went back to something between 15% and 20%.
Is this good or bad for us shareholders? Could someone explain it please?
TIA
Yesterday was a head fake IMO and I wouldn't be surprised if they try it again today in the last two trading hours...
I think nobody wants to miss the train for the Mnuchin Senate Committee Hearing on Thursday...
After his Fox interview, the PPS surged!
Watch the video from minute 4:55:
http://video.foxbusiness.com/v/5229369696001/?#sp=show-clips
Break-out of the huge pennant could happen today, but the PPS could also touch the bottom line of the triangle another time before it happens
Volume is still declining day by day, but the next spike in volume could trigger a break-out, which can happen any time now as it happened with the previous pennant, especially in connection with good news from the courts, Trump or Mnuchin. That would be the perfect time IMO
Explanantion for pennant:
1. http://www.investopedia.com/terms/p/pennant.asp
2. http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation
I really hope Trump will begin to drain the swamp, and not continue to drain the profits of the GSEs, but I am very optimistic and bought more FNMA @ $3.86 last week... GLTA!
No investment advice!!!
That's very good news, thanks kip!
Steve Mnuchin, Trump's Treasury Pick, Investment Could Benefit From Fannie And Freddie Restoration
http://www.forbes.com/sites/bisnow/2017/01/13/steve-mnuchin-trumps-treasury-pick-investment-could-benefit-from-fannie-and-freddie-restoration/#565e19762df6
Pennant gets huger and huger ===> 120-minute-chart
Break-out can happen any time now with the next spike in volume IMO
Explanantion for pennant:
1. http://www.investopedia.com/terms/p/pennant.asp
2. http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation
Shorts gonna cover today before the long weekend or will they risk being bankrupt on Tuesday? Any opinions?
What is this? New bill introduced yesterday?!?
https://www.congress.gov/bill/115th-congress/house-bill/491?r=23
The WMILT did NOT acquire anything in Jan 2017. Read the 8-K carefully!
And for further information, read this PR:
Delaware Trust Company Acquires Corporate Trust Business of Law Debenture Trust Company of New York
http://www.businesswire.com/news/home/20160818005565/en/Delaware-Trust-Company-Acquires-Corporate-Trust-Business
The acquisition happened in August 2016. Delaware Trust Company acquired Trust Business of Law Debenture Trust Company of New York, the WMILT didn't acquire anything!
WMIH's Second Lien Notes are there, that's why WMIH's 8-K!
It's interesting that WMILT acquired a supposedly empty shell. And this was just done in Jan 2017.