To The Moon

$Blackstone Group LP(BX)$

$BX (Blackstone) +4.42%: Alternative Asset Giant Reclaims $130 with Breakout Momentum, Eyeing $143 Resistance

📊 Latest Close Data: Blackstone closed at $130.00 on July 27, surging +4.42%. This powerful move distances the stock from its 52-week low of $101.73, though it remains -31.6% below its 52-week high of $190.09. Pre-market sentiment was strong at $130.54, confirming the breakout.

📈 Core Market Drivers: The surge was catalyzed by a Reuters report naming Blackstone as a final bidder to acquire MarineMax, signaling aggressive deal-making appetite. This aligns with a broader recovery in alternative asset managers as markets price in stabilizing interest rates, benefiting BX’s massive $1.04 Trillion market cap and its fee-related earnings.

⚙️ Technical Analysis: The breakout is backed by strong momentum. RSI(6) surged to 70.53, entering overbought territory but confirming intense buying pressure, while RSI(12) at 63.18 shows room to run. MACD blasted to a bullish 0.75 histogram bar, with the DIF line crossing decisively above the DEA. Volume hit 6.22M shares, above the average, with a 1.15 Volume Ratio indicating accumulation.

🎯 Key Price Levels:

• Primary Support: $124.25 (Today's Low) – Bulls must defend this intraday floor to maintain momentum.

• Immediate Pivot: $117.92 (Prior Support) – A critical floor established last week; holding above here keeps the short-term trend bullish.

• Strong Resistance: $143.78 – The immediate upside target; a close above this level activates a run toward the analyst consensus.

💰 Valuation & Analyst Targets: BX trades at a P/E (TTM) of 29.10 and a Forward P/E of 21.74, a notable discount to its historical average of 27.81, suggesting undervaluation. With a robust ROE of 31.37% and a 3.82% Dividend Yield, the firm offers growth and income. 22 analysts project a mean target of $143.64 (ranging $119-$188), with 4 Strong Buys and 11 Buys, signaling strong institutional conviction.

📅 Weekly Outlook: Expect consolidation between $124 and $143. A bullish MACD crossover and RSI strength target a retest of $143 resistance. A breakdown below the $117.92 pivot would signal a failed breakout and risk a slide to the $108-$110 area.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk.

🎯🚀 $BX (Blackstone) Options Strategy: Bull Call Spread

• Underlying: BX (Blackstone)

• View: Cautiously Bullish; Short-term breakout momentum with upside target of $143 resistance.

• Strategy Type: Debit Spread (Vertical Call Spread)

• Option Contract Portfolio:

  • Long 1 Contract: BX 20260731 (7/31 Expiry) 130.0 Call @ $3.35 Debit

  • Short 1 Contract: BX 20260731 (7/31 Expiry) 143.0 Call @ $0.64 Credit

• Max Gain & Loss:

  • Max Gain: $1,029 per spread (Width of Strikes $13.00 - Net Debit $2.71)

  • Max Loss: $271 per spread (Net Debit Paid)

• Initial Cost/Credit: $271 Debit