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Keeping Title Insurance Stocks on My Radar

By Rev Shark

About this article:
To state the obvious, it is slow out there. Breadth is OK, and there is a little action in oil and energy, but this market is thin and choppy, and things are subject to very quick reversals. Bonds continue to be very strong, and we have the iShares 20+ Year Treasury Bond moving back up once again. The good news there is that mortgage rates are likely to keep moving lower. Lower rates will lead to more refinancing and that is a positive for the title insurance business. There are a number of stocks in that group that I'm actively trading, Fidelity National Financial , First American and Stewart Information Services . They are thin, especially on a day like this, and they are getting flipped actively intraday. The overall patterns there are good, however, and I'm going to keep them on my radar...

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