AFLAC Soars

The stock market is having a very strong morning. We’ve basically closely the gap from everything we lost during last week’s panic. The Dow is currently up 360 points and our Buy List is doing even better. Thanks to the European bailout news, AFLAC (AFL) is doing especially well. The supplemental insurer is currently up $5.40 which is over 12%.
I realize I’m beginning to sound like a broken record, but the cyclicals are the key stocks to watch. The Morgan Stanley Cyclical Index (^CYC) is up 5.22% which is well ahead of the S&P 500. This is clearly the “it” index of this market.

Posted by on May 10th, 2010 at 11:02 am


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