MetLife Inc. (MET)

46.10
NYSE : Finance
Prev Close 45.90
Day Low/High 45.90 / 46.25
52 Wk Low/High 37.76 / 51.16
Avg Volume 6.24M
Exchange NYSE
Shares Outstanding 936.45M
Market Cap 42.98B
EPS 5.00
P/E Ratio 7.57
Div & Yield 1.76 (3.72%)

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...

Takeaways and Observations

  Fear and doubt seem to have abandoned Wall Street.  Dr. Hussman, while very much perma-bear, makes some good points in his weekly market commentary. See boldface.  As does my pal Sir Mark Grant on CNBC's Squawk Box.  I have reduced my large SPRD G...

Bullish and Bearish Reversals for the Week

Bullish and Bearish Reversals for the Week

These stocks are indicating a change in direction.

Some Late Day Observations

My favorite large-cap short for 2017, Caterpillar , is beginning to show signs of rolling over.   Metlife is at the day's low (down $2.64) and financials may also be rolling over. (Goldman Sachs  was much higher on the day and is now also sinking to...

Short Met, It Pays

"Get Met, It Pays." -- Peanuts Met Life commercial  I have been adding to my Metlife  short over the last week. After the close the company reported a top and bottom line miss and a large derivative loss. The shares are down $2 today. MET is on my B...

What to Watch Wednesday: Fed Statement, Facebook Earnings

What to Watch Wednesday: Fed Statement, Facebook Earnings

On Wednesday, the Federal Reserve releases a policy statement, while Facebook unveils its latest quarterly earnings.

JPMorgan Chase and Goldman Sachs Help Drive Dow to Record Highs

JPMorgan Chase and Goldman Sachs Help Drive Dow to Record Highs

As we approach Spring, we'll be watching existing and new homes sales numbers. Home buyers will be looking to jump into the mortgage market before interest rates rise.

Offering More Metlife, Lincoln National on Short Side

For the reasons mentioned in my column on financials -- I am offering more Metlife  and Lincoln National  on the short side.   The stocks look like they might be rolling over now.   At the same time I am adding to my Hartford Financial  long.

Considering the Contrary (Part Deux)

The financials/banks are leaders to the downside today. Goldman Sachs  (down $5) and JPMorgan Chase  (down $1.50) -- two most often admired stocks -- are particularly weak. (Note: Near yearend I placed GS on my Best Ideas List at $242. Now it's unde...

I Have Embraced the Contrary, and I Am Short Financials

My primary short focus (on individual stocks) is in the financial sector: banks, brokerages and life insurance (though I am long Hartford Financial  ).   I am postured this way based on a several contrary views:   Regulatory changes may be slow in i...

My Takeaways and Observations

"The Dow hit 20,000 and I am proud of it ... Now we have to go up, up, up. It's gone up a lot since I won. We hit a number that has never been hit before. So, I am very honored." --President Donald Trump, ABC interview Wednesday night If the market ...

Moving to a Larger Short Profile

"Well I'm Southbound, Lord I'm comin' home to you Well I'm Southbound, baby, Lord I'm comin' home to you I got that old lonesome feelin' that's sometimes called the blues Well I been workin' every night, travelin' every day Oh, I been workin' every ...

Auction Action

After yesterday's soft five-year note auction, the seven-year note auction was a mixed bag, but two of the three components that markets focus on were slightly better. The yield of 2.335% was a touch below the when-issued yield of 2.337%, but the bi...

Short Update on My Shorts

I have expanded my MetLife , Caterpillar and Apple shorts today.

MetLife upgraded at Deutsche

Adding Another Layer of Shorts

I just added another layer of shorts: Apple , Lincoln National , Metlife and Caterpillar .

The Good, the Bad and the Ugly in Today's Trading (Early Afternoon Edition)

"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, " The Good, the Bad and the Ugly" Here's a quick review of today's market action at 2 pm: The Good Bonds and bond-equival...

Building Up on the Short Side in Financials

I now have a relatively large short position in financials when one includes my life insurance shorts MetLife and Lincoln National , which recently were added to my Best Ideas List as shorts.

My Takeaways and Observations

I have a series of meetings this afternoon and tomorrow morning so I want to get "Takeaways" out early today. I started with what I think is an important opening missive, "Wary in an Uncertain World" in which I covered a number of bases. I truly bel...

XLF Short -- Got It Covered

i have covered my small Financial Select Sector Fund short, as I have other fish to fry. Sticking with my small Bank of America , Citigroup Goldman Sachs and JPMorgan shorts and my medium-sized Lincoln National and MetLife shorts.

I Have No Life

I pounded away -- on the short side -- in the life insurers (on the early strength in MetLife and Lincoln National ) this morning.

Use a Value Momentum Investing Strategy This Year

Use a Value Momentum Investing Strategy This Year

The model has survived the test of time and consistently delivered market-beating returns.

Adding to My MetLife Short

For what it is worth -- my "also ran" Trade of the Week was to short MetLife . However, I did add to my MET short today at a fine price (I hope!).

Bond Interest Rates Declining, Yield Curve Flattening

The yield on the 10-year note and long bond are down by about 4 basis points. The 10-year yield is at 2.37% and the 30-year yield is now under 3% (at 2.97%). There is some flattening in the yield curve. I expect these factors (lower yields and flatt...

Reviewing My Investment Troops

Allergan (updated earlier ) up by another six beaners (that's up $6 to those that understand my slang) to over $221.80. This favorite large-cap stock for 2017 was put on my Best Ideas List (only recently) in late December at $194. Some normal profit...

Short Post on My Shorting Intentions

In accordance with my interest rate expectations (see prior post), I am offering more Financial Select Sector SPDR ETF , Lincoln National and MetLife shorts. The latter two names were recent additions to my Best Ideas List.

My Takeaways and Observations (3:30 p.m. Edition)

The markets started the day like Usain Bolt at the start of a 100-meter race. But, unlike Bolt, the finish wasn't as strong as the start.   I thought one of the day's features was the reversal in bond yields, particularly after the good data.    The...

Adding Incrementally to Some Shorts

I have added incrementally to the following shorts: Starbucks  , Disney  , Metlife  , Caterpillar  and Lincoln National  .

My Takeaways and Observations

"Who you tryin' to get crazy with, 'ese? Don't you know I'm loco?..." -- Cypress Hill, Insane in the Brain 2017 will be the year of "The Dude."    My favorite large-cap long Allergan  and short Caterpillar   for next year.  AGN closed up by $4(!) wh...

More Downside? You MET Your Life

More Downside? You MET Your Life

MetLife is still trying to recover from the hit it took last week after 2-day surge.