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Radian Group Inc. Message Board

  • ak99_999 ak99_999 Apr 30, 2013 5:00 PM Flag

    GNW Reported Profitable US Mortgage

    21 Million......! That is a positive turn.

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    • If past 4 weeks price trend + internal strength is a guide ---
      RDN strong advance : GNW so so good : MTG flat =
      Then RDN Q1 Earning will 3¢ : if GNW’s E beats only by 3¢ : MTG (under)

      Check with Ned Davis Research report on 4/26 RDN’s SEASONAL CYCLE
      From past 20 yrs of data, RDN daily price shows the trend of
      Best 5th month: In May 60% of time beat S&P, with extra return : 2.6 %
      Best 1st month: In August 55% of time beat S&P, with extra return : 11.8 %
      Best 2nd month: In December 68% of time beat S&P, with extra return : 7.7 %
      Best 3rd month: In September 65% of time beat S&P, with extra return : 5.8 %
      Best 4th month: In March 50% of time beat S&P, with extra return : 4.2 %

      I guess we have more to run. (thru summer peak)
      The only question is how high can Q2 estimate beat (-7¢) ?

      BTW, the cycle indicates May outperforms Feb, ( means Q2 E Q1 E ?)
      If so, -1¢ beating -7¢ should be easy ?! I don’t know. LOL

      Ask Slee, Ex, TG, Geeps, Otto, cds, bernie … etc.

      Sentiment: Strong Buy

    • Yes I just saw the report ; my team and I are sure Radian will do the same Wednesday morning ; great results from GNW and RDN will also propel MTG forward ; AH action should start to pickup for Radian

      Sentiment: Strong Buy

18.65-0.01(-0.05%)Jul 2 4:03 PMEDT