Fannie Mae-No Politics (FNMA)

[Blushing green]

Just a quick reflection on 2016.

The day Mnuchin was named Treasury Secretary it was the largest single % gain in 2016 closing at $4.49 from a prior day closing price of $3.08. This resulted in a 45.78% increase.

29 Tuesday November 2016 3.08 -0.96%
30 Wednesday November 2016 4.49 45.78%


2016 included events such as the Trump election which resulted in two days of % gains:

8 Tuesday November 2016 1.65 0.61%
9 Wednesday November 2016 1.97 19.39%
10 Thursday November 2016 2.52 27.92%


Sweeney granting motion to compel:

19 Monday September 2016 1.68 -3.45%
20 Tuesday September 2016 1.81 7.74%


And the Susan Mcfarland testimony being released for the public:

11 Monday April 2016 1.33 0.00%
12 Tuesday April 2016 1.79 34.59%

There were also some significant % changes in January, however this was just after we had bounced off the $1.00 level - imo this can be attributable to mean reversion:

20 Wednesday January 2016 1.1 -
21 Thursday January 2016 1.29 17.27%
22 Friday January 2016 1.44 11.63%