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Morgan Stanley, Charles Schwab, E*TRADE Financial, and CME Group Early Briefing and Review


Published on 2013-04-05 05:16:15 - Market Wire
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Morgan Stanley, Charles Schwab, E*TRADE Financial, and CME Group Early Briefing and Review -- LONDON, April 5, 2013 /PRNewswire/ --

LONDON, April 5, 2013 /PRNewswire/ --

Equity markets in the U.S. had an excellent run in the first quarter of 2013, with all three benchmark indexes rising sharply. While improving economic outlook in the U.S. lifted investors' sentiment in the first quarter, equity markets are also benefiting from ultra-loose monetary policy from central banks in the developed world. On Thursday, the Bank of Japan (BOJ) unveiled new aggressive monetary easing measures to fight deflation and boost economic growth. With central banks in the developed world flooding the market with cheap money, the demand for risk assets is expected to continue to rise. This augurs well for investment brokerages such as Morgan Stanley (NYSE: [ MS ]), Charles Schwab Corp. (NYSE: [ SCHW ]), E*Trade Financial Corp. (NASDAQ: [ ETFC ]), and CME Group Inc. (NASDAQ: CME). On Thursday, investment brokerages ended on mixed note even as the broad market edged higher. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at

[ http://www.stockcall.com/report

Morgan Stanley shares rose sharply on Thursday. The stock ended the day 1.04% higher at $21.33 on volume of 17.32 million. Despite yesterday's gains, Morgan Stanley's shares are down more than 1.50% in the last three sessions. The company's shares rebounded in its last trading session after seeing a series of lows over the past week. The stock's MACD is still trading below the signal line and the zero-line, which indicates that market sentiment is bearish on the stock. However, year-to-date, Morgan Stanley's shares are still up nearly 11.80%, outperforming the broad market. Sign up for the free report on MS at

[ http://www.StockCall.com/MS040513.pdf

Shares of Charles Schwab Corp. edged lower in trading yesterday; however, the losses were limited. The stock ended the day 0.18% lower at $16.72 on above average volume of 11.53 million. The stock has fallen more than 3% in the last three sessions. Despite recent losses, the company's shares are still up more than 16.80% for the year, easily outperforming the broad market. The stock has slipped below its 50-day moving average as a result of the recent pullback. This is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. SCHW free technical report can be accessed by signing up at

[ http://www.StockCall.com/SCHW040513.pdf ]

Shares of E*Trade Financial Corporation fell sharply on Thursday even as the broad market edged higher. The stock ended the day 0.98% lower at $10.11 on volume of 3.77 million. It has fallen nearly 2.70% in the last three trading sessions. E* Trade's shares have fallen sharply after failing to break through $10.75 resistance level. The stock has slipped below $10.50 support level, which is a bearish signal. The stock's MACD has also crossed below the signal line and the zero-line, further confirming the bearish trend. Free report on ETFC can be accessed by registering at

[ http://www.StockCall.com/ETFC040513.pdf ]

CME Group Inc. shares struggled for direction in trading on Thursday. The stock slipped 0.05% to finish the day at $60.01 on volume of 1.14 million, extending its losses in the last three sessions to more than 1.50%. CME's shares have seen a pullback after the stock recently hit a 52-week high of $63.63. Despite the pullback, the stock is still up more than 19% for the year, outperforming the broad market. Register with StockCall and download the research on CME for free at

[ http://www.StockCall.com/CME040513.pdf ]

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