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Technical Briefing on Morgan Stanley, Charles Schwab, CME Group, E*TRADE Financial, and Nomura Holdings

SCHW, CME, NMR
Technical Briefing on Morgan Stanley, Charles Schwab, CME Group, E*TRADE Financial, and Nomura Holdings

LONDON, March 7, 2013 /PRNewswire/ --

With the Dow Jones at an all-time high, investors' confidence has been high. Retail investors have been pouring money into stocks, which is in contrast to last year, when concerns over the Eurozone debt crisis, fiscal cliff and a slowdown in China had hurt investors' sentiment. With equity markets in the middle of a bull's run, outlook for investment brokerages such as Morgan Stanley (NYSE: MS), Charles Schwab Corp. (NYSE: SCHW), CME Group Inc. (NASDAQ: CME), E*Trade Financial Corporation (NASDAQ: ETFC) and Nomura Holdings Inc. (ADR) (NYSE: NMR) is bullish. On Wednesday, brokerages ended mostly higher, tracking gains in the broad market. StockCall has posted free technical research reports on MS, SCHW, CME, ETFC, and NMR and these can be accessed by signing up at

http://www.stockcall.com/analysis

Shares of Morgan Stanley edged higher in Wednesday's trading session, closing 0.75% higher at $22.91 on volume of 18.59 million. The stock touched an intra-day high of $22.99 yesterday, and has gained more than 2% for the week. Year-to-date, Morgan Stanley shares have now gained nearly 20%, compared to a gain of over 8% for the S&P 500. The company's shares are currently trading close to $23 resistance level. Recent volume activity suggests that market sentiment has turned bullish on the stock. Download the free report on MS upon registration at

http://www.StockCall.com/MS030713.pdf

Shares of Charles Schwab Corp. rose to a 52-week high of $17.64 on Wednesday. The stock rose 2.18% to finish at $17.35 in yesterday's trading session. Volume was up from daily average of 10.76 million to 13.78 million. For the week, Charles Schwab's shares have gained nearly 6%. Year-to-date, the stock has outperformed the broad market, gaining more than 20%. The company's shares have broken through $17 resistance level this week, which is a bullish signal. The bullish trend is further confirmed by recent volume activity and the MACD chart. SCHW technical report can be accessed for free by signing up at

http://www.StockCall.com/SCHW030713.pdf

Shares of CME Group Inc. rose sharply on Wednesday, ending the day 1.36% higher at $62.01 on volume of 2.17 million. The company's shares also rose to a 52-week high of $62.33 yesterday. The stock has gained more than 3.50% this week. For the year, it has gained more than 22%, easily outperforming the S&P 500. Shares of CME have seen a series of higher highs in the last two weeks, which is a bullish signal. The stock's MACD is above the signal line and the zero-line, which further confirms the bullish trend. Free report on CME can be accessed by registering at

http://www.StockCall.com/CME030713.pdf

Shares of E*Trade Financial Corporation also hit a 52-week high on Wednesday. The stock rose to a 52-week high of $11.05 before paring some gains to finish 1.01% higher at $11 on volume of 3.09 million. Year-to-date, E* Trade's shares have now gained nearly 23%. Register with StockCall and download the research on ETFC for free at

http://www.StockCall.com/ETFC030713.pdf

Another investment brokerage that rose to a 52-week high on Wednesday was Nomura Holdings Inc. The stock rose to a 52-week high of $6.17 before finishing the day 1.16% higher at $6.12 on above average volume of 1.15 million. Nomura's shares have broken through $6 resistance level, which is a bullish signal. The bullish trend is further confirmed by the stock's MACD chart. Read the full free research on NMR by signing up to StockCall at

http://www.StockCall.com/NMR030713.pdf

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SOURCE StockCall.com