Following the crash in 2008 Allstate has enjoyed explosive rally with circa 800% gains. Is is over and are we observing a global correction? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - quite low with 7% margin P/E - good value with 10x ratio Liabilities -...
The WAE is setting on the 20 line, look what its done in the past. The RSI7 is about to bust through the 30 line, looks what its done in the past, also divergence.
Good evening. Allstate NYSE:ALL Q2 EPS $2.46 Beats $1.55 Estimate, Consolidated Revenues $11.197B. www.businesswire.com Like how this chart is setting up with market still strong. I personally feel weird with TVC:TNX being where it is.
Maybe this is just a moral decision and not so smart but I live in Florida where hurricanes are very usual, bet against insurance companies who could save your house or car is quite stupid as to bite the hand that feeds you. This is not an idea nor a call. Just simply don't do it. Learn how to beat the market as Professional Trader with an ex-insider!...