Fannie Mae-No Politics (FNMA)

[Cash47873]

FFT: " If the markets were truly pricing in the actual future information, prices would have no reason to move. But because that information and therefore prices, have variability, technical analysis seeks to apply studies to that variability in the hopes of gaining further understanding and potentially even another modicum of certainty regarding the expectation of the future. For instance, if today's expectation of home sales was far lower than the actual print, prices cannot have already reflected the bullish data before it became available. But the expectation of the lower number was priced in, and the reaction of the actual number became priced in when the data was released."

$FNMA!