• Broker-Dealers Look Like They're In Deep Trouble

    2 monthes ago - By ETF Daily News

    From Dana Lyons : Battered broker-dealer stocks are testing a potentially key line of support.
    Entering 2018, one of the hottest - and one of our favorite - industries was the broker-dealer space. That mantle of relative strength was further reinforced by the group's resilience in the post-January correction. In fact, the group, as measured by the NYSE Broker-Dealer Index , was among the first to return to new highs, doing so by late February. After strong follow-through into March, however, it has been a different story.
    In the back half of March, the XBD saw a drawdown of nearly 10%. And...
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