The reinsurance sector has been very strong and if we do bounce here this is one sector that could run. It hasn’t closed below it’s 20 day moving average in months and when a sector or individual stock has displayed this type of strength, it normally ends in some type of climactic up move.
Gold hasn’t broken out of it’s current range yet, but I’ll be watching this sector very close as I think it’s about to breakout. Here are some of the top performing stocks in this sector: CDE AEM KGC AUY NEM GG BVN ABX EGO NXG
