Fannie Mae-No Politics (FNMA)

[FFFacts]

Yes, the catalyst on Thursday was Powell but he spoke on Wednesday it was a fake headline. Next catalyst could be the second wave. Then probably Q2 earnings. But I still think the retracement won't be so severe.

The retail investors will soon get tapped out when the stimulus runs out and they are faced with derivative losses, then the market goes to all time highs again and the dumb money misses out.