Another government bailout ($3.7 Billion) is need to keep Fannie Mae’s net worth from entering negative territory after reporting a 4Q net loss of $6.5 Billion, as described in this Bloomberg article.

 Both Fannie Mae (FNMA) and Freddie Mac (FMCC) remain near their lows post-2008/09 financial crisis, as shown on the following monthly and daily charts.

The momentum indicator is below zero on both timeframes on all four charts…potentially hinting at, as yet, unrevealed underlying risks and further weakness ahead.

These are two more financial instruments to monitor, in addition to those I’ve mentioned recently here and here, for clues on equity weakness.