Radian Group Inc. (RDN)

23.33
NYSE : Finance
Prev Close 23.46
Day Low/High 23.28 / 23.58
52 Wk Low/High 14.78 / 24.62
Avg Volume 1.29M
Exchange NYSE
Shares Outstanding 208.02M
Market Cap 4.88B
EPS 2.80
P/E Ratio 7.74
Div & Yield 0.01 (0.04%)

Today's Takeaways and Observations

Another snore fest today. The widening disconnect between stock prices and the real economy.  Mark Hanson on the disappointing housing data today. Thus far, Apple short (calls) --my Trade of the Week -- are doing well. At $10 I added J.C. Penney to ...

Today's Takeaways and Observations

Sell in September or get dismembered?  Another snore-fest as the invisible hand (and dirty float) of liquidity buoys global equities.  Again the markets are distorted -- from Jim Grant. Don't count on its continuation; ultimately, natural price disc...

Mortgage Insurers Catch the Eye of EJF Capital

Mortgage Insurers Catch the Eye of EJF Capital

13F filing also reveals acquisitions in small banks and real estate.

Today's Good, Bad and Ugly

Tuco: I'll kill you! Blondie: [gasps out in a whisper] If you do that, you'll always be poor... just like the crazy rat that you are. -- The Good, The Bad and The Ugly Let's run down the good, the bad and the ugly in today's market so far: The Good ...

An Insider Buy at Radian Group

Subscriber Elihu Smails reports that Radian Group executive VP Derek Brummer purchased 16,000 shares at an average cost of $12.87 per share. Radian remains on my Best Ideas List, placed on July 6 at $10.00 a share.  

Today's Good, Bad and Ugly

Blondie (counting Angel Eyes' men): One, two, three, four, five, six. Six. Perfect number. Angel Eyes: Huh. Isn't three the perfect number? Blondie: Mm ... yeah. But I've got six more bullets in my gun. --"The Good, the Bad and the Ugly"  Let's run ...

My Price Points for Adding to My Longs

Here are the price points where I'll be adding to my various long positions: DuPont : $65 or lower. Hartford Financial : $40 or lower. Oaktree Capital : $44.50 or lower. Radian : $12.50 or lower. Twitter : $17.25 or lower.

Radian Looks Fairly Radiant (Part Deux)

I put mortgage insurer Radian on my "Best Long Ideas" list three weeks ago at about $10 a share, and the stock has rallied to $12.72 since then. Shares rose more than 3% yesterday after RDN released earnings that matched analysts' expectations. Here...

My Takeaways and Observations

I had a hectic day and a hectic week! All over the place, literally. On investment process, I'm keeping it real.  Beware of taking heads who have high conviction in their commodities price forecasts. A breakdown in the price of crude oil, Equity Res...

More Bunny and More Trading Action

Earlier this week I compared the rising market to the Energizer Bunny. Today is no different. Today I added to the following longs: Radian Group  , Twitter  and Hartford Financial Services Group . I also added to ProShares UltraShort S&P 500 , which...

Radian Looks Fairly Radiant

Today's earnings report from Radian was in line with expectations. I'll have more to say about that after I return to the office.

My Takeaways and Observations

Beware of false profits.  Monday's "takeaway." Radian Group was up a second day in a row after a nice, 25%-plus run. Thank you, Barron's.  My Trade of the Week, long SPDR S&P 500 ETF puts. Here's why...  My take on the technicals. A deeper dive into...

Recommended Reading

Check out this good weekend article in Barron's (subscription required). It's bullish on private-mortgage stocks, particularly Radian . As a reminder, Radian was a recent Trade of the Week for us, and is also on my "Best Long Ideas" list. RDN's shar...

No Thanks a Latte

One of the things I strive to do in my Diary is to highlight and explain my non-consensus analysis and variant (both positive and negative) views regarding some of the most popular and unpopular stocks. Examples of this approach include non-consensu...

My Takeaways and Observations

My fellow Americans and Real Money Pro subscribers: Politics will weigh on the markets during the months leading up to the election.  What, me, worry? Bank of America reports there is more than $13 trillion in negative-yielding sovereign debt now. T...

Things Look Sunny for Radian

Mortgage insurer Radian should trade higher today after rival MGIC Investment Corp. reported a big earnings beat this morning. MGIG earned $0.26 per share vs. the $0.20 that analysts had expected. The firm also beat expectations on premiums written ...

My Takeaways and Observations

An inside day in which past correlations (e.g., the direction of currencies, bond prices and crude) have little bearing on equities as a liquidity-inspired rally based on There Is No Alternative, or T.I.N.A. (which is B.S.), is perceived to be the c...

My Takeaways and Observations

I made my second generational low call in seven years today. Peak Bonds. And a generational low in yields has possibly been reached. Peak Greed! Buyers live higher and sellers live lower in a marketplace dominated by machines and algos. Price moment...

I'm Standing Pat on Twitter and Other Longs

I used the post-Brexit weakness to buy additional shares of DuPont , Hartford Financial , Radian and Twitter , but I wouldn't chase any of them from here. However, I wouldn't sell any of them here, either.

Takeaways and Observations

Well, the S&P 500 has closed at a new all-time high. I would have called this a quiet, range-bound session at 3 p.m. ET -- but at 3:15 p.m., we were near the day's highs. Buyers are clearly living higher and sellers living lower, but is a gloating b...

Buying More Radian; Shorting More Apple and Foot Locker

Here are my latest trades: I've added further to my long of Radian in the early going. Radian was last week's Trade of the Week, and I recently added it to my "Best Long Ideas" list. I've added to my shorts of Apple and Foot Locker this morning.

My Takeaways and Observations

Slow day thus far, so I plan to leave early. I started the day by shorting the market and substantially raised my short exposure in the morning ramp.  I felt so strongly about an overvalued market that I added SPDR S&P 500 ETF (SPY), iShares Russell...

My Latest Trades

Here's a rundown of the trades that I'm making this morning: I'm adding to my longs of DuPont (DD), Radian (RDN) and Twitter (TWTR). I'm going shorter on the SPDR S&P 500 ETF (SPY), the PowerShares QQQ ETF (QQQ) and the iShares Russell 2000 ETF (IWM...

My Takeaways and Observations

One note to start: I constantly try to be ahead of Group Stink, which is pervasive in the business media, and if I am not, please inform me! I don't want to write the obvious or mimic consensus through a rear-view mirror. That would not be value-add...

Trade of the Week: Radian

Let's make a long of mortgage servicer Radian (RDN) our Trade of the Week. I initiated a position in the stock a few minutes ago at $10 a share, and I'm adding it to my "Best Long Ideas" list as well. The principal catalyst for my move is word this ...

My Takeaways and Observations

If you say you are not confused and you are confident about the market's direction, you are likely lying, stated simply! Tuesday was a setup for today.   The Mel Brooks Market?    Speaking of Mel Brooks, I'm sick of all this Warren Buffett crap. Mel...

My Takeaways and Observations

Did I mention that the market has no memory from day to day? It was a busy short-side day for me today. Disney (DIS) -- why the mouse is no longing roaring.   On management B.S.  Macy's (M).   Sears (SHLD) is the elephant in the room and a possible ...

My Takeaways and Observations

My explanation for today's market advance (it's as good as anyone's!): Markets were oversold. The S&P 500 held the 50-day moving average. The put/call ratio popped back up.  From here, the key might be to watch what other asset classes rally with eq...

My Takeaways and Observations

Nyquist can now win The Triple Crown. Effortless win. I had a fun interview with Boston Red Sox fan Thomas Keene on Bloomberg "Market Surveillance."  I mused at the get go.  And one more muse.  I am a disbeliever on the China story and I'm shorting ...

My Takeaways and Observations

I started the day with an updated and still ursine market update: "Hey, Let's Be Careful Out There."   A new investment short -- England, via iShares MSCI United Kingdom (EWU).  EWU as a short went on my Best Ideas List. Jim Chanos and I are thinkin...