FG is trading below its fair value and normal market multiples, and despite being in bearish territory, the creator holds a small position with a positive total return due to trading strategy.
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Markets, Charts, & Trades 21 Aug 2026
The creator reviews the stock market performance for the week ending August 21st, 2026, noting mixed results across major indices and sectors. The S&P 500 and Nasdaq saw slight gains on Friday, but most major indexes were down for the week, with semiconductors faring the worst. The creator also provides a historical outlook for September, noting it's typically the worst-performing month for the S&P 500.
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Tickers discussed in this post
FNG Annuities and Life is trading above fair value and normal multiples, but the creator is holding due to strong growth prospects and will use chandelier exits to trim.
ABBV is in an uptrend with a bullish bias, trading above its moving averages and recently breaking out of a bull flag pattern, with a conservative price objective reached.
The creator analyzes the S&P 500's performance, noting it closed below the 21-day moving average on Thursday but above it on Friday, indicating a potential rollover.
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