Freddie Mac NYSE:FRE - MarketClub Video Lesson
In the video above Brad Stafford gives his personal and technical analysis
on Freddie Mac (NYSE_FRE) after he spent time listening to their conference call and then studying the charts.
This morning, at 10AM est, the Freddie Mac team addressed what was a
packed conference call to report their earnings for Q3 and project where Freddie Mac will end up.
Overall the tone from management was optimistic...but understandable so as shareholders have
been clamoring to know how management will fix what the sub-prime mess really made on Freddie Mac. But to shareholders and casual observers alike, they knew the outlook for Q4 was grim.
One presenter noted; "Q4 will be a lot like Q4". Does that mean another
25.00 per share drop? The video analysis will help traders understand the conference call a little
better along with explaining how trading with the trends in ANY market can be profitable.
All my best,