The Life and Full Line Insurance Groups Start To Perk Up


The Full Line Insurance Group Is one of the top 5 industry groups over the last month. 

With the market pulling back hard on Friday, this group turned up higher. The Full Line group continues to anticipate better times ahead if the interest rate changes. Another group moving up fast is the Life Insurance group. 

They also rallied on Friday with expectations of a change in rates as a driving cause. This interest rate change could be a major catalyst for the financials that are interest rate sensitive. We'll be watching these areas very closely over the next few quarters.

Good trading,
Greg Schnell, CMT

Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA). Learn More
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