Fannie Mae (FNMA) Spikes 266% In One Week

Wow, look at this move. FNMA's RSI is at 96.91! Here's why it spiked via WSJ:

"The rebounding housing market has helped return Fannie Mae to profitability and now might allow the government-controlled mortgage-finance company to do the once unthinkable: repay as much as $61.5 billion in rescue funds to the U.S. Treasury."



  1. $FNMA up another 25% to $1.35. RSI almost at 98.

  2. WOW, now up 34% at $1.45. This is an amazing run.


Post a Comment