wg: Could the Cat 3/4 hurricane headed for Burmuda be making investors nervous. Still two more week until the hurricane season ends! Is another storm forming somewhere?
wade, there's no hurricane heading out towards Florida (or the US Coast), and nothing happenin near term. It looks like we're good until late October, and that the end of peak hurricane season. Of course you could always get one later....or more likely get a tropical storm.
I think its just a dip after dramatic near term outperformance. UVE UIHC FNHC have been stellar performers during the market thrashing.
For a near term trade I still like UVE...although I have traded the position a few times for decent trading divvies.
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