Fannie Mae-No Politics (FNMA)

[RockRoll]

IMO, when this (Fed induced) bear market slide began, savvy investors (not me!) got out of their plays and locked in gains. When this ticker dropped considerably, many of those investors sold here to claim losses for this tax year to offset gains.
During Jan, I believe those same investors will be "rotating" back. Should bring ticker up to the mid 1.20s.

No matter who runs government (some are better than others), they are greedy. Before any action is taken - which I think (hope) is Recap & Release - the government will get one more Net Sweep, for Q4, under their belt.

And when good news (or great news I hope) is released, well, we saw a glimpse last week how fast this ticker can move North.

GLTA!! (Even Preferreds)