You may or may not know this, but I have a pretty cool Cumulative Strength Index (CSI) scan…
It’s currently showing me low-risk potential upside in a certain sub-sector, large-cap insurance, of the Financials sector.
But I’ll back up a little bit for those of you who don’t already know what this is… I use this proprietary scanner as a barometer to gauge the overall market, and to find stocks in the S&P 500, Nasdaq and the 11 major sectors.
So it basically tells me which stocks are at the top and bottom of each sector. And, most importantly, it shows me the stocks moving higher on my momentum scan. And I’ve found that when stocks… in let’s say the S&P 500… move from 50th place to 25th, it means momentum is rising.
And the large-cap insurance stocks I’m giving away in today’s video are showing just that activity right now…
Insurance companies typically have a strong correlation to the economy.
Now the economy is expanding. I mean, just look at data like retail sales and unemployment numbers from the past few days. And that means sentiment is changing for large-cap insurance stocks.
Large-cap insurance stock price action suggests that they or the company’s sentiment believes the worst is behind them.
So today I want to give you a good look into two insurance companies that are just beginning to pop up on everyone’s radar. And while banks are still recovering, insurance companies are already in a second stage of recovery.
As soon as the economy expands, insurance companies become bigger because part of peoples’ discretionary income goes into them. And with employment picking up, things are getting better.
That’s why the sentiment is changing for these large-cap insurance stocks.
So check out my short video below to get the names of these two insurance stocks and see how you can potentially get in on this profit opportunity now. And be sure to leave your thoughts in the comments section below.
And also, don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
P.S. Wall Street legend Chuck Hughes has already helped traders around the globe reach their dreams.
But now he’s revealing his most shocking discovery yet…
Chuck’s discovered a brand-new strategy to target weekly profit opportunities — regardless if the stock market is up, down or flat.
In fact, this is the formula that’s helped him lock in a 96.3% win rate, even when markets are turbulent.
And now he’s about to share it with the world for the first time ever…