Hamilton's E-Wave Analysis

AFL , Aflac

afl may 2011

Aflac is an insurance company. Claims are increasing exponentially as a result of the non-existing global warming and, at the same time, a major source of income, that is the yield on collected premiums has also become virtually non-existent courtesy the Feds interest rate policies. Yet this stock has climbed right back up to near the all time highs. I suspect, as is so often the case, that the stock has met resistance by way of the channel that used to provide support. A prudent person would sell this stock without regard to the charming and irresistibleĀ  duck or goose that represents this company.