ALC
Outperforming without a clear catalyst yet
- ALC +4.53% on the last session vs SPY +0.10%: +4.4 pts of stock-specific move.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices ALC only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
64.68 +1.3% reached 3 in 10 days reached today |
65.68 +2.8% reached 3 in 10 weeks |
| Now | 66.76 · prior close 63.87 | |
| Bargain buy side |
63.07 -1.2% reached 3 in 10 days |
62.11 -2.8% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 62.82 | 2 in 10 days | 64.94 | 2 in 10 days |
| Balanced | 63.07 | 3 in 10 days | 64.68 | 3 in 10 days |
| Eager | 63.31 | 4 in 10 days | 64.43 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 61.54 | 2 in 10 weeks | 66.29 | 2 in 10 weeks |
| Balanced | 62.11 | 3 in 10 weeks | 65.68 | 3 in 10 weeks |
| Eager | 62.63 | 4 in 10 weeks | 65.13 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From ALC's daily swings (about 1.3% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among ALC's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| All-time closing high Sep 12, 2024 |
99.92 +49.7% |
| 52-week closing high Feb 27, 2026 |
86.76 +29.9% |
| 200-day average | 72.38 +8.4% |
| 50-day average | 68.54 +2.7% |
| Now | 66.76 |
| Stretch, next 5 sessions | 65.68 -1.6% |
| Previous close Oct 14, 2026 |
63.87 -4.3% |
| Bargain, next 5 sessions | 62.11 -7.0% |
| 52-week closing low May 11, 2026 |
62.02 -7.1% |
Closing prices (all-time = the 8 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.