Lincoln National Corporation (LNC)

73.40
2.08 2.76
NYSE
Prev Close 75.48
Open 74.95
Day Low/High 73.39 / 75.74
52 Wk Low/High 31.95 / 76.77
Volume 1.23M
Exchange NYSE
Shares Outstanding 187.92B
Market Cap 14.23B
P/E Ratio 13.07
Div & Yield N.A. (N.A)

6 Names I'm Looking to Short

I am offering on the short side the following individual names: Fastenal , Disney , MetLife , Lincoln National , Apple  and Starbucks .   I will report later if I execute.

Some 'Value Traps' I See

"A value trap is a stock that appears to be cheap because the stock has been trading at low multiples of earnings, cash flow or book value for an extended time period. Stock traps attract investors who are looking for a bargain because these stocks ...

Takeaways and Observations (Early Edition)

'Til April in Paris, chestnuts in blossom Holiday tables under the trees April in Paris, this is a feeling That no one can ever reprise - April in Paris, Vernon Duke and Yip Harburg - (rare video with Ella Fitzgerald!)  The market gapped higher and ...

Judgment Day for Financials Is at Hand

"Don't wait for the last judgment -- it takes place every day." --Albert Camus Like Sonny the Cuckoo Bird, throughout the last three months business commentators, money managers and strategists have been "cuckoo for Cocoa Puffs" when it comes to ban...

Takeaways and Observations (Early Edition)

"Doug Kass wrote an article today about how he fears the lack of fear in this market. I agree with Doug that lack of fear is an issue, but it goes further than that. What this market has missed for quite some time is strong emotion. There may not be...

Cramer: The Best Performers Show No Signs of Letting Up

Cramer: The Best Performers Show No Signs of Letting Up

Their overseas business has been carrying them.

The Good, the Bad and the Ugly (Afternoon Edition)

"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, "The Good, the Bad and the Ugly" I am frankly exhausted from the associated issues following my best friend's son's death earlier in th...

The Market Top Bell Has Officially Rung!

OMG.   I couldn't make this up.   I just got a call from my old pal, Boca Biff.   I haven't spoke to Biff in several months.   I will expand upon my conversation with him, but the bottom lines are:   * Boca Biff is "all in" long. * The markets are s...

Bullish and Bearish Reversals for This Week

Bullish and Bearish Reversals for This Week

Bearish names dominate this week and financials in particular.

Here's What I'm Doing With AGN, LNC and MET

I added to my already large Allergan long near the opening -- a position to which I consistently have been adding. Also, in light of the large drop in share prices over the last two months, I have covered the balance of my life insurance shorts in L...

This Is No Time Bury Your Head in the Sand

"What Washington needs is adult supervision." --Barack Obama   Yesterday's opening missive, "Wall Street Blues," depicted an overvalued market, moderating U.S. economic prospects, elevated investor optimism and a new Administration that, arguably, a...

Takeaways & Observations

"In a paperless and cloudy world, are investors and citizens as safe as the markets assume we are?" -- Kass Diary, Wall Street Blues (today)  Unfortunately, my quote this morning proved too prescient as another horrific terrorist attack occurred in ...

Covering More Financials

I have covered some more Lincoln National , Metlife , Goldman Sachs and Morgan Stanley .

Today's Trades

I have covered some more of my life insurance stocks on this morning's continued gap down. I am now at tag ends in Metlife and Lincoln National shorts. (But, I plan to re-short strength of +5% or more from here). I haven't covered any of my money ce...

Takeaways & Observations

Risk happens fast.  Most don't short and shouldn't short -- it's a game that requires volumes of risk control.  However, I would continue to maintain well above-average cash positions.  Today was not a benign event, in my view.  Nor was it likely a ...

Covered Part of Life Insurer Shorts

I have covered about one-quarter of my life insurance shorts -- Lincoln National  at $63.75 (down from $73) and MetLife  at $52.05 (down from $56).

Reducing 2 Insurer Shorts

I am taking off a portion of my life insurance shorts now -- Lincoln National ($64.87) and MetLife ($52.18). I am moving to small in size.

A Trio of Financial Names Losing Steam

The financials continue to show signs of breaking down and/or rolling over.   Fresh recent lows in Lincoln National , Morgan Stanley and Goldman Sachs this morning.

The Long Course on Why It's Time to Short or Sell Financials

The Long Course on Why It's Time to Short or Sell Financials

Despite their popularity, financial stocks are starting to weaken and potentially roll over in the face of growing threats that few are heeding.

The Long Course on Why to Short or Sell Financials

There is no market sector that has been as embraced as heartily as financials But, the domestic economy is slowing, the Trump regulatory and fiscal policy put may be waning, the yield curve is flattening, interest rates are contained, protectionism ...

Takeaways and Observations

Perhaps we can make a parallel between the S&P Index and Snap . Today SNAP just fell (by nearly 15%), maybe the S&P will follow! Hey, a guy can hope.  After all, the irrational might now be rationalized. And here is how some hedge fund icons feel ab...

Today's Trades

I added to Campbell Soup and Twitter longs. I added to my UltraShort S&P 500 and Ultrapro Short QQQ longs. I covered a portion of my Lincoln National short.  

Trimmed Lincoln National Short Position  

I got too large in my Lincoln National (and life insurance) shorts. Covered some LNC (for a nice profit) and moved back to medium sized in this short name. Note: Especially on the short side, I am frequently trading around my core position. It's kep...

Still Pressing My Shorts

I continue to press my financial shorts -- specifically Goldman Sachs , Morgan Stanley , MetLife and Lincoln National .    

Yesterday

"Yesterday all my troubles seemed so far away. Now it looks as though they're here to stay. Oh, I believe in yesterday." --The Beatles, "Yesterday" Above all, please remember that in a quant-dominated world, which worships at the altar of price, buy...

A Short Post on My Shorting Action

I'm pressing my individual shorts in Lincoln National , Goldman Sachs and Morgan Stanley now. As I did yesterday, I also am taking a meaningful short position for a day trade in SPDR S&P 500 ETF .

Shorting More Goldman, Lincoln National

I'm adding to my Lincoln National and Goldman Sachs shorts in light of the persistent strength in the bond markets.

Takeaways and Observations

"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." -- Sir John Templeton  DuPont (still on my Best Ideas List) and 3M accounted for 110% of today's gain in the Dow Jones Industrial Average.  It was the ...

Adding on the Short Side

Bonds signal "anti-growth" and I am adding to my Lincoln National and Goldman Sachs shorts.

Building My Financial Shorts

I have added to the following shorts today: Goldman Sachs , Lincoln National and MetLife . Relatedly, it is my view that a Fed rate hike will cause bond yields to fall in a relatively fragile domestic economy. Ergo, I am building my financial shorts...