LNC trade ideas
Long Position hold and purchase for LNC.
Above is a long position outlook over a 16-18 month range for LNC. Looking at a drop to $16.27 and an increase to roughly $55.00. We are about 6 months into this rotation. Monetary policy and fed adjustments, banking volatility, and congressional changes will impact the downward trend. Recession, retirement guarantee, and banking recovery/economic recovery will play into the upswing, thus paying out the long position.
LNC - Swing Trade
Lincoln National Corporation is a Fortune 250 American holding company, which operates multiple insurance and investment management businesses through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies.
RSI is showing great entry point, while there is no momentum yet from the Squeeze indicator, I anticipate we will see a reversal around the $72.00 Range
The LINCOLN NATIONAL CORP Folder DailyHey people, LINCOLN NATIONAL CORP is on a fake downtrend with high sales volume executed and shadow from buyers. On the TIMEFRAME M1 shows a hammer bull candle with a high buying volume traded it goes towards its VWAP which it can break forcefully. Great possibility of breaking the price to fill the bearish breakout gap with a strong resistance on the bottom of the candle above (See TIMEFRAME H4). For observed both resistance to past and the H1 for confirmation of the last. Not enough strength to retest ANDREWS PITCHFORK.
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Quarantine Fund - Buy & Hold.The idea for this fund is simple. The 1990s brought the rise of the index fund, and its popularity since then has only increased among investors. As a result, stock movements have become more correlated, as people and institutions buy and sell whole indexes, all the holdings in the index move with it. Our recent market crash was entirely news driven (COVID-19 and oil price war), and the index was heavily sold, bringing all the index holdings down with it. Every single major price move since mid February has also been news driven, and nothing to do with technicals, even though some technicals inevitably will align by coincidence (I am not anti technical analysis, it just is obvious to me that isn't what's driving this current market). For certain companies, such as airlines and oil and gas companies, a big drop in price is well deserved. However there are many more companies which will continue making earnings just as usual, yet their stock has been pushed very low. This is the opportunity for a simple buy and hold.
Criteria for the stocks in this quarantine investment fund:
1) Well established American companies with at least $2B market cap (most are in S&P 500).
2) Have a business which will continue to operate profitably without being adversely affected by an ongoing pandemic lockdown, as far as I can tell anyway. Probably resilient to most other natural disasters too.
3) Have suffered severe price drop along with the rest of the market. This selling was mostly due to the fact that they were a member of the indexes which were being sold.
4) Stock was trending up or sideways prior to market crash.
When to buy? Now looks good.
Have these seen the bottom? No idea. Listen to the experienced old timers who will advise you not try to time that. The important thing is that these are well priced right now.
How long to hold? 1 year minimum to get long-term capital gains tax treatment. (N/A for IRA)
How much? Not so much that you lose sleep at night, but enough to be meaningful with a 30%+ return.
What if you're wrong? That will teach you not to take stock tips from people without having your own convictions, a valuable lesson!
The companies which met the four criteria outlined above:
AES (Electric Utilities)
BHF (Life Insurance)
LNC (Life Insurance)
ALL (Insurance)
WFC (Wells Fargo Bank)
SCHW (Charles Schwab)
CVS (CVS pharmacy)
JNJ (Johnson & Johnson)
GLIBA (Telecom)
DAR (They take plant and animal byproducts to create fertilizers, animal feed, and human food. They have 200 processing locations on most continents.)
RSG (Waste management. This is an essential service that will continue uninterrupted.)
LNC SHORT IDEAThis is a short setup.
+ Please review the past earnings announcements which have been negative surprises, less than expected
+ Triangle pattern, rising wedge/triangle which will serve as the power reserve for this impulsive down move
+ A strong downward sloping trend line, which if broken and confirmed prices above, then we have a clear decision to exit the trade for a small loss
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