FG - F&G Annuities and Life - Pennant Breakout Imminent
F&G is an annuity and life insurance company.
Annuities and Life Insurance have been enjoying a good run due to higher interest rates.
High interest rates decrease reinvestment risk.
For annuities, higher interest rates mean higher income for customers.
Baby boomers are retiring so there will be a massive demand for these products. The fixed income part of it would be the seller even if rates go down from here.
Chart has formed a pennant and will go long on the breakout.
Initial target around 60 as there is a bull flag element from 32 to 47.
Annuities and Life Insurance have been enjoying a good run due to higher interest rates.
High interest rates decrease reinvestment risk.
For annuities, higher interest rates mean higher income for customers.
Baby boomers are retiring so there will be a massive demand for these products. The fixed income part of it would be the seller even if rates go down from here.
Chart has formed a pennant and will go long on the breakout.
Initial target around 60 as there is a bull flag element from 32 to 47.
Nota
That is a nice bullish close and break of the pennant.Time to jump in!
Dagangan aktif
Still holding on.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.