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LPLA, KCG and investment brokerage sector

for many months now, i have been highlighting the many technical red flags amongst the various components of the investment brokerage sector.  since then, we've witness the collapse of PGF, yesterday trading snafu that may likely be the demise of KCG (a trading firm but categorized under the regional investment brokerage sector) and the charts on most of the retail and institutional brokerage firms that i've highlighted in recent months continue to deteriorate.  here's LPLA, a stock i've highlighted before and previously mentioned as a short candidate.  LPLA serves as a broker to the largest organization of independent financial advisors in [...]

2017-03-08T21:22:15+00:00Aug 2, 2012 4:10pm|Categories: Equity Market Analysis|Tags: , , |Comments Off on LPLA, KCG and investment brokerage sector

investment brokerage sector – red flags still waving

if you missed the post on the investment brokerage sector last week, you might want to review it by clicking here.  here's the updated chart showing that this sector continues to be in near free-fall mode, with the entire sector down nearly 24% in less than just about the last 7 weeks.  i was going to post some of the individual charts of concern as i'd imagine the majority of people reading this post have money at one or more of the following brokerage firms.  however, since most of the charts look very similar, here are a few of the names [...]

2017-03-08T21:22:31+00:00May 16, 2012 10:51pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , |Comments Off on investment brokerage sector – red flags still waving