Technical Updates on Investment Banking and Brokerage Stocks -- Morgan Stanley, Charles Schwab, Goldman Sachs, TD Ameritrade Holding, and E*TRADE Financial Editor Note: For more information about this release, please scroll to bottom
LONDON, August 28, 2014 /PRNewswire/ --
On Wednesday, August 27, 2014, the NASDAQ Composite ended at 4,569.62, down 0.02%, the Dow Jones Industrial Average finished the day 0.09% higher at 17,122.01, and the S&P 500 closed flat at 2,000.12. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 313.72, down 0.16%, while the index has advanced 4.86% in the previous three months. Investor-Edge has initiated coverage on the following equities: Morgan Stanley (NYSE: MS), The Charles Schwab Corporation (NYSE: SCHW), The Goldman Sachs Group Inc. (NYSE: GS), TD Ameritrade Holding Corporation (NYSE: AMTD), and E*TRADE Financial Corporation (NASDAQ: ETFC). Free research on these five companies can be accessed at:
On Wednesday, shares in Morgan Stanley fluctuated between $34.05 and $34.50 before ending the session 0.78% lower at $34.13. The stock reported a trading volume of 5.67 million shares, below its three months average volume of 8.46 million shares. Shares of the company traded at a PE ratio of 14.79. Morgan Stanley's shares have advanced 2.68% in the last one month, 9.67% in the previous three months and 8.83% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $32.41 and $31.16, respectively. Moreover, shares of Morgan Stanley have a Relative Strength Index (RSI) of 72.20. Sign up and read the free notes on MS at:
The Charles Schwab Corp.'s stock declined 1.28%, to close the day at $28.47. The stock recorded a trading volume of 3.28 million shares, much below its three months average volume of 5.63 million shares. The stock oscillated between $28.39 and $28.90 during the session. Over the last one month and over the past three months, The Charles Schwab Corp.'s shares have gained 3.53% and 11.78%, respectively. Further, the stock has surged 9.50% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $27.59 is above its 200-day moving average of $26.25. Additionally, The Charles Schwab Corp. traded at a PE ratio of 30.95 and has an RSI of 64.63. The complimentary notes on SCHW can be downloaded as in PDF format at:
On Wednesday, shares in The Goldman Sachs Group Inc. recorded a trading volume of 2.07 million shares, lower than its three months average volume of 2.41 million shares. The stock ended the day at $177.81, which was 0.26% above its previous day's closing of $177.90, and registered an intraday range of $177.01 and $178.36. Shares of the company traded at a PE ratio of 10.08. The Goldman Sachs Group Inc.'s shares have gained 1.33% in the previous three trading sessions, 9.92% in the last three months and 0.31% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $171.04 and $166.92, respectively. Furthermore, shares of The Goldman Sachs Group Inc. have an RSI of 67.99. Register for free on Investor-Edge and access the latest research on GS at:
TD Ameritrade Holding Corp.'s stock lost 1.13%, to close Wednesday's session at $33.17, after oscillating between $33.09 and $33.69. The stock recorded a trading volume of 2.09 million shares, below its three months average volume of 2.50 million shares. Over the last one month and the previous three months, TD Ameritrade Holding Corp.'s shares have advanced 6.55% and 9.62%, respectively. Additionally, from the beginning of 2014, the stock has gained 8.26%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $31.71 is above its 200-day moving average of $31.37. Further, TD Ameritrade Holding Corp.'s stock traded at a PE ratio of 23.69 and has an RSI of 68.54. The complete research on AMTD is available for free at:
E*TRADE Financial Corp.'s stock finished Wednesday's session 1.28% lower at $22.28. A total of 1.82 million shares were traded, which was much below its three months average volume of 3.96 million shares. The stock moved between $22.26 and $22.77 during the session. E*TRADE Financial Corp.'s shares have gained 9.32% in the last one month and 9.92% in the previous three months. Further, the stock has advanced 13.44% since the beginning of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $21.40 is greater than its 200-day moving average of $20.89. E*TRADE Financial Corp.'s stock traded at a PE ratio of 22.52 and has an RSI of 64.31. Free in depth research on ETFC is available at:
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