Monthly Archives: May 2013

FNMA Fannie Mae Price Spike

Talk about Washington political risk, FNMA, Fannie Mae opened the week at $3.53, hit a high of $5.44 and on Friday so far has hit a low of $1.34!

FNMA daily 05-31-2013


Japan Nikkei Index drops 7.3%

Chart below of the EWJ, the Japan ETF, the Nikkei dropped 7.3% a move of over 7 standard deviations, a fat tail event.

EWJ Nikkea drop 05-23-2103

Dow 15000

The Dow Jones Industrial Average goes over 15,000 for the first time on May 3rd, 2013 following a decent jobs report.

Dow 15000, 05-03-13