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%)

A Tight Consensus Is Often a Red Flag

Nowhere is the bullish consensus as ubiquitous as in the financial space and in bonds -- that is, being long bonds and short fixed income.   As an example, over the weekend there were eight references to over-weighting banks in Barron's.   I current...

Today's Trades

Longs: I added to JC Penney  at $9.36. Shorts: I added to Lincoln National  , Metlife  and International Business Machines  shorts.

My Takeaways and Observations

"Everyone here likes the bounce." -- President-elect Donald Trump (said in a meeting today at Trump Tower with tech executives) A good day for the ursine crowd but not so good for the bullish cabal as they had a bad day -- for a change. (Yes, I am w...

Today's Trades

I shorted International Business Machines , Lincoln National  and Metlife .   I initiated ProShares Short QQQ ETF  (QQQ inverse) at $46.56. I pressed Direxion Daily Small Cap Bear 3X Shares  long ("Trade of the Week").

Did I Mention Something About China ... and Life Insurers, Too?

On cue, China says it plans to slap a penalty on an unidentified U.S. auto manufacturer for monopolistic behavior.  And Morgan Stanley downgrades the life insurance space. Now that's timing! (see my posts below) Ford , General Motors , MetLife and L...

MetLife, Lincoln National Return as 'Best Ideas' Shorts

As we enter the new year, my expectations for both interest rates (lower) and the stock market (also, lower) prospects are different than the consensus. According to Bank of America, only 6% of economists are looking for lower interest rates in 2017...

A Shopping List

While I see many stocks with attractive reward vs. risk, they reside mostly on the short side.   Some stocks I plan to short on any strength include: Citigroup  , Bank of America  , JP Morgan Chase  , Caterpillar  , Metlife  , Lincoln National  , Fo...

Housekeeping Items

I have covered tag ends of my Metlife , Lincoln National , Fastenal and Netflix shorts -- and have taken these names off of my Best Ideas List. Cleaning up small positions.

Looking for Shorts (In All the Right Places)

In looking for shorts there is one important and underlying factor that governs my selection process: I try through rigorous analysis to identify sectors and companies with intermediate-term prospects that are deteriorating relative to consensus exp...

MetLife downgraded at FBR

My Takeaways and Observations

Donald Trump may make illiquidity, volatility and uncertainty great again.    More "Penneys" from heaven, an analysis of the company's quarterly release.    Trade of the Week -- short Apple . Here and here.    I sold my retail long rentals for sick ...

My Takeaways and Observations

"Dougie, take what Mr. Market gives you." -- Grandma Koufax And I did, Grandma Koufax.   A consecutive nine-day market drop was snapped as we regained most that was lost in that period.   Today was a great day. (Boy, would I like to annualize the pe...

Here's What Jim Cramer Expects From AIG's Earnings

Here's What Jim Cramer Expects From AIG's Earnings

Jim Cramer is keeping an eye on quarterly results from American International Group released after the markets close on Wednesday.

My Takeaways and Observations

"It's not the news that counts -- it's how the stock market reacts to the news that counts." -- Richard Russell (hat tip to Sir Jeff Saut for the source of the quote) The above quote filled my head most of the day (General Motors , Ford , Caterpilla...

My Takeaways and Observations (Early Edition)

Don't get excited by Take Under Monday.   The technical picture is mixed.    A stronger U.S. dollar presents multi-national vulnerability. This is consistent with Goldman Sachs lowering their three-year S&P 500 profits picture.    Peak Sports Viewer...

Adding Some Shorts on Intraday Rally

On the intraday rally I have added to the following shorts: Apple  , Metlife , Lincoln National and Caterpillar .

My Takeaways and Observations

"And when I see the sign that points one way The lot we used to pass by every day Just walk away Renee You won't see me follow you back home The empty sidewalks on my block are not the same You're not to blame." -- Left Banke, Walk Away Renee Renee ...

The Latest Skinny on Life Insurers

Recent shorts in life insurers MetLife and Lincoln National have worked out great over the last week. However, my long in Hartford Financial Services Group is not so great, bidding $42.60 now.

My Takeaways and Observations

The media is not the message. With a little help from Johnny Mercer, did you know he founded Capitol Records?   This is serious folks -- I see less of a reason to have an outsized long portfolio than at any time since Winter 2007. The market outlook...

So Far, So Good

We are being rewarded today by yesterday's Lincoln National and MetLife shorts as well as buys of SPDR Gold Shares and J.C. Penney  .

My Takeaways and Observations

Busy day writing but not trading today!   Peak Berkshire! Well, it is not your father's Berkshire Hathaway !!    I am proud of my non-consensus Twitter flying solo call yesterday, which was a risky statement and was ahead of analysts and the general...

Adding to 2 Insurance Shorts

My shorts have moved this morning from small to medium in size in Lincoln National ($49.70) and MetLife ($48.00). I like the entry points.

Morning Movers: TWTR, JD, GOOGL, CRM, MET

Morning Movers: TWTR, JD, GOOGL, CRM, MET

Shares of Twitter were falling sharply after takeover hopes were dashed by Google.

Refreshing My Strategy For The Near Term

Bank and insurance company shares have had a spirited advance this week based on better-than-expected U.S. economic data and talk of the ECB tapering its QE.   Bonds have declined in price, and yields have risen to multi-week highs.   Given my negat...

My Takeaways and Observations (Early Edition)

Staying real, being transparent and honest. I made an important tactical move this afternoon -- close to the day's low. Talking Deutsche Bank in my Diary and in Barron's, I expect a capital raise (possibly rights offering, after a DOJ settlement).  ...

My Takeaways and Observations

It was a nostalgic morning. A 20th anniversary.  My first TST column in 1997.  There was no rest for the weary as the crude and oil markets turned on a dime after OPEC announced a production cut. I, Jim Cramer and others are skeptical about this - s...

A Good Day to be Short

My Takeaways and Observations   A good day for the dark side.   Sell in September or Get Dismembered (Part Trois!). Those bulls who were self-confident last Wednesday couldn't be seen today ... or Friday. Predictable.   Regardless of the winner, my ...

A Wonderful Pairs Trade

Here's a wonderful pairs trade for today: Long Hartford Financial Services Group /Short Metlife and Lincoln National .   I plan on discussing some more pairs that I am involved with in the weeks ahead as it's a great way to have exposure in a possib...

MET Could Meet a Nice Rally

MET Could Meet a Nice Rally

A fresh rally leg may be on the way if MetLife can continue to gain momentum.

Dive Safely Into These 12 Dividend Payers

Dive Safely Into These 12 Dividend Payers

If and when interest rates go up, this basket of stocks should continue to do well.