How Benzinga’s view on $EIX changed

Channel profile →This channel has 5 credited speakers: Counterpoint Research, Lion, Third party cited in the quote, Tim Melvin / Lawrence Chang, Timothy Horan (Oppenheimer)2 entries

2026-09-03Bullish

“$SPY Futures Rise as Trump Says 'Market Will Go Up' | PreMarket Playbook | September 3, 2026”Lion

Lion is accumulating EIX at current levels due to attractive pricing and potential bottoming, despite expecting possible further downside.

Lion says, "I grabbed a few more shares of EIX." I'll check that here in a sec. That looks like it's consolidating before going lower. So, to me, let's if we back out here, Lion, tell me what the thought process is here cuz 13, you're thinking that it this is just kind of consolidation and may end up rolling over and retest the lows.

I guess if you were bullish on this, as Lion is, you could make the argument that perhaps the bottom was put in in these first two days and it might be over. So, I guess it depends on how you look at it. Lion, let me know if I'm getting that right.

Watch the source2:26:18

2026-08-31Bearish

“$SPY, $QQQ Slide as US-Iran Tensions Flare | PreMarket Playbook | August 31, 2026”

EIX is not a buy for a long-term position yet; wait for price to form a base as wildfire liability issues persist.

Um the two big ones were Edison International and then Pacific Gas and Electric Company. major major implications for um uh Edison and uh PG&E.

EIX, that's one of those. That's the Edison that is down 20%. Oh boy, look at this. Straight down from Friday's close.

uh EKS mentioning that EIX, which is Edison that we've covered here this morning, might be trying to bottom here. Now, the last time this traded down, Lion, you were a buyer of EIX, weren't you?

I know 13 was, but I I I think both of you folks were. I bought it, too, but I was I used options, and I just didn't give them enough time. I won't make that mistake if I do it again here.

Watch the source1:12:15