*watchlist charts*

[kmx_swing]

FNMA
Congress Has now only 2 possibilities:
1) Declare communist like Nationalization of Fannie Mae
2) Declare it is still only Conservatorship and in such case it must decalre under which conditions Conservatorship ends. Otherwise go back to point 1

Temptation is simply too high if you compare the odds what you can lose/get :
1)Bill Ackman, who owns more of Fannie Mae's common stock than any other investor, made the case that even including the nearly 80% of the stock that the government would be entitled to, shares could be worth between $23 and $47 -- and the government could end up making more than $600 billion.
2)treasury Secretary Steven Mnuchin in a TV interview in April said he would focus on the issue after the November elections..

Turning to investments we know more about, Ackman talked Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC). He says housing finance reform progress should pick up after the midterm elections. "At the end of the day, you have two of the greatest businesses ever created, in very strong, dominate positions, performing really well ... They’re in suspended animation until such time is there is a resolution here.” https://seekingalpha.com/news/3383237-bill-ackman-new-undisclosed-large-position?dr=1#email_link