3:55PMTimChallenge Jayray_68:looks like ill be swinging long on $FNMA... accumulation thesis i dont see much risk to the downside on this one as opposed to the upside Trump making an announcement at 3:30 not speculating it has to do anything with fanny but theres that chance there is and i want to be long overnight into this action incase there is follow up on his reccomendations for pitches on $FNMA privatization. long shot but ill take the R/R on it off the accumulation in the 7.9s-8s

Entry comments: 2:15PMTimChallenge Jayray_68:took a long on $FNMA 8.01s risking the 7.9s area potential patience play idea playing key daily support levels in conjunction with big round number 8... 2:16PMTimChallenge Jayray_68:history of afternoon bounces off the lows so giving it a try here still like the bigger direction idea for it 2:19PMTimChallenge Jayray_68:thinking potential accumulation area for multi day hold... if it ramps back into the close prob a swing long idea for me
Exit comments: Solidddddd
| Date | Price | |
|---|---|---|
| Entry | 8/6/2025 | 8.01 |
| Exit | 8/8/2025 | 9.88 |
- Total Views169
- Position Size5,000
- Percentage23.35%
https://www.bloomberg.com/news/articles/2025-08-06/citi-ceo-fraser-meets-trump-on-fannie-freddie-public-offerings hell yeah had the right read on institutional scoop positioned with a good small starter on this see what fanny can do
Good follow up today on FNMA . Never got adds to a winner. Completely lost E*trade platform now so have to trade this through the web browser and lost internet in the shop. Also cell reception is horrible in the shop so keeping size small at 5k shares