Freddie & Fannie - Volume Leads

07/11/2008 12:00 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

Freddie & Fannie plunged further today over liquidity concerns, despite government comments. On Balance Volume (OBV) has been negative since late last year and warned of a sharp decline. Volume 10-15 times greater than average today could be panic liquidation but "could be" is the operative word.

Related Articles on STOCKS

Keyword Image
11 Reasons to Buy Microsoft
18 hours ago

For our latest recommendation, we revisit one of the world's most prominent technology companies, Mi...

Keyword Image
A Trio of Top-Tier Biotechs
18 hours ago

We hold three biotech stocks in our growth portfolio — Biogen (BIIB), Bioverativ (BIVV), and R...

Keyword Image
Saudis, Oil and ETFs
18 hours ago

Under the guise of clamping down on “widespread corruption,” Prince Mohammed bin Salman ...