PPLI
Underperforming without a clear catalyst yet
- PPLI −1.16% on the last session vs SPY +0.09%: −1.2 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 PPLI only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
41.51 +2.3% reached 3 in 10 days |
42.71 +5.3% reached 3 in 10 weeks |
| Now | 40.09 · prior close 40.56 | |
| Bargain buy side |
39.64 -2.3% reached 3 in 10 days |
38.52 -5.0% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 39.34 | 2 in 10 days | 41.82 | 2 in 10 days |
| Balanced | 39.64 | 3 in 10 days | 41.51 | 3 in 10 days |
| Eager | 39.91 | 4 in 10 days | 41.22 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 37.88 | 2 in 10 weeks | 43.43 | 2 in 10 weeks |
| Balanced | 38.52 | 3 in 10 weeks | 42.71 | 3 in 10 weeks |
| Eager | 39.13 | 4 in 10 weeks | 42.04 | 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 PPLI's daily swings (about 2.4% 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 PPLI'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 Feb 17, 2021 |
143.70 +258.5% |
| 52-week closing high Jul 7, 2026 |
47.62 +18.8% |
| Stretch, next 5 sessions | 42.71 +6.5% |
| 200-day average | 40.59 +1.2% |
| Previous close Oct 14, 2026 |
40.56 +1.2% |
| Now | 40.09 |
| 50-day average | 39.32 -1.9% |
| Bargain, next 5 sessions | 38.52 -3.9% |
| 52-week closing low Nov 20, 2025 |
31.52 -21.4% |
Closing prices (all-time = the 34 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.