Insurance companies, MetLife, Inc. included have benefited greatly from recent premium increases as they had to increase rates to keep up with inflation. These premium increases tend to be lasting and do not often retreat, so should the price of their services remain elevated and continue to steadily increase from here, this should serve as a tailwind to push the insurance stocks higher. Take a look at this quick video that shows how this opportunity revealed itself in the charts:
As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.
Thank you,
Blane Markham
Technician
Hughes Optioneering Team
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