When evaluating the investment potential between Franklin Resources, Inc. (BEN) and Principal Financial Group, Inc. (PFG) using a stock pairs strategy, several key metrics guide the decision to buy BEN and sell PFG.
Reasons to Consider Buying BEN:
Attractive Valuation and Growth Potential: BEN's forward P/E of 8.53 is notably lower than PFG's forward P/E of...
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
The PEAD projected a bullish outlook for $PFG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
Inverted H&S has been completed on chart, this is shown in green circles
I am expecting this right shoulder move however to push price up further, towards the dashed white line above, this is also shown with the bars pattern in green.
The overall structure of this chart looks quite bullish in my eyes.
The PEAD projected a Bullish outlook for $PFG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
I own some in my portfolio. Nice long bull trend. Bull flag is a continuation pattern in a long uptrend. The way I play a bull flag like this is to buy when the stock breaks out of the upper flag channel (above 92.53). Stop at 90.70 (C). A breakout would take PFG on to test prior high at (B) 96.17, at which point it would either breakout to new highs or repel...
The PEAD projected a Bullish outlook for $PFG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
PFG: Principal Financial Group, Inc.
2022-01-31 08:30:00
Principal Financial Group® Announces Reinsurance Transaction, Increases Share Repurchase Authorization by $1.6 Billion
Hey guys, PRINCIPAL FINANCIAL GROUP is in a fake bearish push with a large body water-carrying candle marked with buyers and a false return of sales volume. On the TIMEFRAME M1 we notice a dash with a low volume of purchase issued, it goes towards the highest of the bollinger to test it. After giving up this level, she will go on the VWAP and break it in force...
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Short 1000 $PFG
Long 356 $TRV
Mean Reversion Time: 14 Trading Days
As a new generation starts families and buys homes, the growth in Life Insurance also booms. There are several life insurance companies forming bottoms right now and many are nearing completion for future position trading, intermediate term holds or even long term holds.
This chart has a specific footprint in the chart patterns that confirms the bottom has begun...
Hit the intraday-upcoming earnings scanner (07/26). Weekly w/ MACD looked somewhat attractive but, glad I got a second look on the T.V chart. You can scroll back to 2009 to get a better glimpse of the similarities. The price labels (both current & before 09 recession) - surreal. To say the least.
