|Day Low/High||112.28 / 113.87|
|52 Wk Low/High||77.27 / 117.96|
These should provide a solid start on building a decent portfolio.
With concerns about money management and preservation of capital, stay far away from these four financials.
If you agree that domestic growth is strong and implied volatility is excessive in some names, this may be a good time to consider selling puts the stocks of companies with a U.S. focus and positive year-over-year revenue growth.
There aren't many high yielding blue chip stocks out there.
The trend will continue unless retail sales, job creation and incomes rise faster,
The financial oil players of yesterday are leaving the business.
I am making short Lincoln National (LNC) ($58.58) my Trade of the Week. As I mentioned in my sector analysis after the FOMC statement, the life insurance stocks' currently heady valuations (against private market value) and lower rates for longer (w...
The market sold off in morning trading, despite a better-than-expected jobs report that showed new job creation of 295,000 for February and saw the unemployment rate falling again, to 5.5%. Wage growth is still not benefiting from stronger job growt...
In the life insurance space, Lincoln National Corporation (LNC) reported a near $0.20 beat, but all of the beat was a recapture from the reinsurance subsidiary. Also, the company's tax rate was lower than expected. Comparing "apples to apples," LNC'...
Where it began. The rundown: • U.S. futures are flattish this morning. (S&P 500 futures are unchanged and Nasdaq futures are 3 handles lower) • Europe is up by about 0.50% on average. • The Nikkei is down 0.13%. The Wall Street Journal (Jon Hilsenra...
Where it began. The rundown: U.S. futures are falling further after yesterday's breakdown. (S&P futures are down by 5 handles, and Nasdaq futures are 17 handles lower.) European stocks are very weak, with losses of over 1.25%. Nikkei is down by 1.05...
Incremental changes to one's portfolio management strategy are much more effective.
And I did it my way. "Regrets, I've had a few But then again, too few to mention I did what I had to do And saw it through without exemption I planned each charted course Each careful step along the byway And more, much more than this I did it my wa...
To start the countdown to the 2014 Special Olympic USA Games, athletes, families and coaches from the NY/NJ area gathered at the Prudential Center to cheer on the New Jersey Devils.
Chairman & CEO of the Special Olympics, TJ Nelligan says this year's games will break records in terms of corporate sponsorship and volunteer participation.
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 5; Nazzies futures are up 18; European markets are up a bit (The European Union unemployment rate dropped to 12.1% in Octob...
Just a quick housekeeping item. I have covered my Prudential (PRU) short as a sacrifice to the short gods. I broke even on the trade.
Shorting the sector further. I am adding to my life insurance shorts now via Prudential (PRU), Lincoln National (LNC) and MetLife (MET).
Again, the catalyst was the weaker-than-expected Philly Fed. I pressed my life insurance shorts on the weaker Philly Fed as well.