Broker/Dealers On A Tear, Don’t Chase

Along with, or should I say, pulling the broader market along in recent weeks, the financials have been on a massive tear.  Within the financials complex, the broker/dealers as measured by the AMEX securities broker/dealer index displayed an even more impressive rally; a solid 33% off the November 2012 lows.  Consolidation? What Consolidation?  Who needs […]

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