Brokerage Stocks Starting to Catch Up
Publicly traded brokerage shares tend to overshoot most overall market trends. At times they get ahead of the indices, and in other periods they lag in terms of absolute movement.
A look at the charts of the iShares Dow Jones Broker-Dealer ETF (IAI) and the SPDR Dow Jones Industrial Average ETF (DIA) shows this relationship and shows how badly the individual stocks over-reacted to the downside during last year's August-to-November bear market....213 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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