Lincoln National Corporation (LNC)

64.98
2.90 4.20
NYSE
Prev Close 67.84
Open 66.00
Day Low/High 62.74 / 66.44
52 Wk Low/High 44.59 / 77.57
Volume 2.00M
Exchange NYSE
Shares Outstanding 180.71B
Market Cap 12.75B
P/E Ratio 13.07
Div & Yield N.A. (N.A)

Yields and Moves

Risk-reward now favors TBT. The yield on the 10-year is now 2.67%, in part because of a slowing rate of global economic growth and, to some degree, a flight to safety. My expected range for this year is 2.50-3.00%. That said, reward-to-risk has now ...

What to Do With Life Insurance Shorts?

After the crushing in the sector since Wednesday, I've hedged and held, but covering wouldn't be a bad idea for other traders. I am tempted to cover Lincoln National (LNC) and MetLife (MET), but I like the ProShares UltraShort 20+ Year Treasury (TBT...

Adding to TBT Long

This is a hedge against both my closed-end muncipal bond fund longs and life insurer shorts. I am adding to my ProShares UltraShort 20+ Year Treasury (TBT) at $70.92. This position is solely as a hedge against both my closed-end muncipal bond fund l...

Portfolio Update

Given how active I was on Friday, I thought it might be helpful to provide a portfolio update. Updated positions: Longs -- Citigroup (C), ProShares UltraShort 20+Year Treasury (TBT), Monitise (MONI.L), Radian (RDN), Potash (POT), Northwest Bancshare...

Raising Cash With Short Covers

Perhaps I'll buy something.... The market is now getting panicky. I like to buy panic but baby steps. I am taking in more of my MetLife (MET) and Lincoln National (LNC) shorts and taking in some Henry Schein (HSIC) and Danaher (DHR) shorts.

Taking In Life Insurance Shorts

I am maintaining my core positions in both. I am taking in some of my Lincoln National (LNC) and MetLife (MET) shorts now. They have been great on the short side this week.

Life Insurers a Casualty of Slowing Growth

I am short MetLife and Lincoln National. The life insurance stocks, MetLife (MET) and Lincoln National (LNC), should continue to get hit with signs of slowing global growth.

'Rounding Out' Three Shorts

They are in Lincoln National, MetLife and Starbucks. I am "rounding out" my Lincoln National (LNC), MetLife (MET) and Starbucks (SBUX) shorts now.

Morning Musings

Here is what we are looking at as we head into the trading day. I will be out at a breakfast this morning, so there will be no "Morning Market Look." Yesterday I moved from a market-neutral position to a modest 5% net short exposure during the late ...

Growing Shorter

I am back to about 5% net short now. I shorted more Starbucks (SBUX), MetLife (MET), Lincoln National (LNC) and Henry Schein (HSIC) on the ramp. And I am back to about 5% net short now.

Short Book

Here's a look. My individual equity short positions include Starbucks (SBUX), Danaher (DHR), Lincoln National (LNC), MetLife (MET), Henry Schein (HSIC), Berkshire Hathaway (BRK.B) and Wells Fargo (WFC).

Short Again

Modestly so. On today's ramp I have moved back to a modest net short position, adding to my Lincoln National (LNC), MetLife (MET), SPDR S&P 500 ETF Trust (SPY), PowerShares QQQ (QQQ) and iShares Russell 2000 ETF (IWM) short as well as my Direxion Da...

Added to Life Insurer Shorts

Lincoln National at $51.51 and MetLife at $53.90. I have added further to my Lincoln National (LNC) short at $51.51 and to my MetLife (MET) short at $53.90.

Morning Market Look

Let's take a look at the overnight and early-morning price action in the major asset classes. The rundown: S&P futures are up 6; Nasdaq futures are up14; European markets are up; Nikkei is down 0.60%; China Shanghai is flat; euro is down; crude is u...

Spoiled Shorts and the 2013 Rally

Spoiled Shorts and the 2013 Rally

How much of the surge owed to things not going as badly as anticipated?

Added to Life Insurer Shorts

The group is likely being taken up by the broad strength in financials. I have further added to my MetLife (MET, downgraded at UBS this a.m.) and Lincoln National (LNC) shorts. The group is likely being taken up by the broad strength in financials (...

Adding to Shorts

Bulking up three positions. I have added to my Danaher (DHR), MetLife (MET) and Lincoln National (LNC) shorts today.

Short Book

Here's a look. I remain short Berkshire Hathaway (BRK.B), Wells Fargo (WFC), Starbucks (SBUX), MetLife (MET), Lincoln National (LNC), General Motors (GM), Danaher (DHR), American Express (AXP), IBM (IBM), SPDR S&P 500 ETF Trust (SPY), PowerShares QQ...

Sticking With Life Insurance Shorts

With emphases on Lincoln National and MetLife. I continue to favor shorts in the life insurance stocks, with emphases on Lincoln National (LNC) and MetLife (MET), which are both on my Best Ideas list.

Short Book

Here's a look. The individual names that I am short include Berkshire Hathaway (BRK.B), IBM (IBM), American Express (AXP), Danaher (DHR), Lincoln National (LNC), MetLife (MET), Wells Fargo (WFC), Schwab (SCHW), Starbucks (SBUX), Yahoo! (YHOO) and Gr...

Today's Trades

So far. Today I have added to my Ford (F) long and to my shorts in Lincoln Financial (LNC) and MetLife (MET).

Added to Life Insurer Shorts

Namely, Lincoln National and MetLife. I have added to my Lincoln National (LNC) and MetLife (MET) shorts.

Initiated Five New Shorts

I have also expanded my investment shorts in two other names. Over the last few days, I have opened trading short rentals in American Express (AXP), Danaher (DHR), Charles Schwab (SCHW), Starbucks (SBUX) and Yahoo! (YHOO). I have expanded my investm...

Today's Trades

Here they are. My trades today: I sold the balance of my Tableau Software (DATA) long, reestablished my PowerShares QQQ (QQQ) short, added to my MetLife (MET)/Lincoln National (LNC) shorts and shorted more Henry Schein (HSIC).

Adding to Life Insurance Shorts

Namely, Lincoln National and MetLife. I have been adding to my shorts in Lincoln National (LNC) and MetLife (MET) -- both names are on my Best Ideas list.

Piling More On in Life Inusrance

Shorting the sector further. I am adding to my life insurance shorts now via Prudential (PRU), Lincoln National (LNC) and MetLife (MET).

New Best Ideas

MetLife (MET) and Lincoln National (LNC). I am putting MET and LNC on my Best Ideas list (short) now.

Pressed Life Insurer Shorts

Again, the catalyst was the weaker-than-expected Philly Fed. I pressed my life insurance shorts on the weaker Philly Fed as well.

Looking at Life Insurer Shorts

They should do well, pending bond yields falling back. If bond yields fall back as I expect, Friday's shorts of Prudential (PRU), MetLife (MET) and Lincoln National (LNC) should fare well.

Morning Market Look

Let's take a look at the overnight and early-morning price action in the major asset classes. The rundown: S&P futures and Nasdaq futures are flattish; Japan is up 1.3% (telecoms, basic materials, tech, industrials, consumer goods, and health care a...