Welcome back for another Top Down Trade of the Week.
This is a classic leadership scan.
We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it.
This week's standout is Financials, jumping 4 spots to claim the top position on our leaderboard.
After months of sitting near the bottom of the leaderboard, the group as a whole is waking up. Banks are ripping and Insurance names are breaking out to new highs.
You don't get bull markets without Financials. So when one of the most economically-sensitive corners of the tape starts flexing, that’s information. Laggards don't stay laggards forever, and this rotation looks like the real deal.
This is our overall industry rankings, showing Property & Casualty Insurance stocks climbing 7 spots to sit amongst the top 10.
Here are the top-performing names in the Property & Casualty Insurance industry, ranked by relative strength.
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