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.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.