Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.38% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Prudential is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Prudential is bullish.
The RSI indicator is at 63.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Moody's: Variable annuities still weigh on three US life insurers' balance sheets
Wed, 12 Mar 2014 14:35:04 GMT
Prudential white paper examines key financial planning considerations for same-sex couples in wake of Windsor decision
Tue, 11 Mar 2014 19:00:00 GMT
Business Wire – A new Prudential white paper, “Financial Planning Considerations for Same-Sex Couples After Windsor,” explores how this past year’s landmark decision to overturn Section 3 of the Defense of Marriage Act has helped level the playing field for legally married same-sex couples.
Insurance Firms Seek Escape From U.S. Bank Capital Rules
Tue, 11 Mar 2014 04:01:00 GMT
Bloomberg – Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank-like capital standards on their industry. A provision of the 2010 Dodd-Frank Act that overhauled U.S. financial regulation requires the Fed to set minimum capital and leverage standards on non-bank firms, including insurance companies like Prudential Financial Inc. (PRU) Insurance companies say bank capital standards don’t fit their business and will press their case for an amendment to the provision at a Senate Banking subcommittee hearing on the insurance industry requirements today. The industry’s argument won support from the author of the Dodd-Frank capital provision, Senator Susan Collins , a Maine Republican who said in letters last year that she didn’t intend for the Fed to subject insurance companies to bank standards.
11:01 am Prudential reschedules its symposium for fixed income analysts and investors in New York City, to June 9, 2014, from June 4
Mon, 10 Mar 2014 15:01:00 GMT
Investors who get MetLife may find it pays – Barron's
Sun, 09 Mar 2014 17:50:59 GMT
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