Prudential's most recent trend suggests a bearish bias. One trading opportunity on Prudential is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 6.61% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock rose above the $92.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Prudential is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Prudential is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Prudential
Japan unwinds: What to watch
Tue, 04 Feb 2014 20:32:00 GMT
CNBC – The Nikkei has dropped 13 percent this year. CNBC's Sara Eisen discusses the massive selling that has whacked the Japanese stock market and if there is reason for hope.
CORRECTING and REPLACING Prudential Mortgage Capital Company provides $15.8 billion in financing in 2013
Mon, 03 Feb 2014 22:00:00 GMT
Business Wire – Second graph, second sentence of release should read: xxx $913 million in CMBS loan originations and $9 billion in general account loans (sted $913 billion in CMBS loan origination
Prudential Said to Hire Ex-Morgan Stanley Strategist
Fri, 31 Jan 2014 18:43:26 GMT
Bloomberg – Prudential Financial Inc. (PRU) added Gregory Peters as a portfolio manager as the No. 2 U.S. life insurer extends its push into asset management with another Wall Street hire, according to a person familiar with the move. Peters left last year as chief cross-asset strategist at Morgan Stanley. Prudential has been recruiting Wall Street talent as the insurer works to add assets to build fee income. The company hired Robert Cignarella from Goldman Sachs Group Inc. in November as global co-head of leveraged finance.
Squawking Henny Youngman, supermodels, selloff
Thu, 30 Jan 2014 16:46:13 GMT
CNBC – Talking Squawk, the official “Squawk Box” blog, provides tidbits, insights and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Insurance companies push to limit more federal regulation, WSJ reports
Tue, 28 Jan 2014 12:42:11 GMT
theflyonthewall.com – Insurance companies push to limit more federal regulation, WSJ reports
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