{"id":42716,"date":"2014-06-24T06:23:09","date_gmt":"2014-06-24T10:23:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42716"},"modified":"2014-06-24T06:23:09","modified_gmt":"2014-06-24T10:23:09","slug":"investment-banking-and-brokerage-equities-technical-analysis","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/investment-banking-and-brokerage-equities-technical-analysis.html","title":{"rendered":"Investment Banking and Brokerage Equities Technical Analysis"},"content":{"rendered":"<p><span style=\"color: #333333;\">On\u00a0<\/span><span class=\"xn-chron\" style=\"color: #333333;\">Friday, June 20, 2014<\/span><span style=\"color: #333333;\">, the NASDAQ Composite ended at 4,368.04, up 0.20%, the Dow Jones Industrial Average finished the day 0.15% higher at 16,947.08, and the S&amp;P 500 closed at 1,962.87, up 0.17%. During the session five out of ten sectors ended in positive. The S&amp;P 500 Financials Sector Index ended the day at 307.90, up 0.32%, and the index has advanced 3.92% in the last one month. Investor-Edge has initiated coverage on the following equities: The Goldman Sachs Group Inc. (NYSE: GS), KCG Holdings Inc. (NYSE: KCG), RCS Capital Corp. (NYSE: RCAP) and LPL Financial Holdings Inc. (NASDAQ: LPLA). Free technical research on GS, KCG, RCAP and LPLA can be downloaded upon signing up at:<\/span><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><a style=\"color: #3d98c6;\" href=\"http:\/\/www.investor-edge.com\/4070-register\" rel=\"nofollow\">http:\/\/www.investor-edge.com\/4070-register<\/a><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><span style=\"color: #333333;\">On Friday, The Goldman Sachs Group Inc.&#8217;s stock recorded a trading volume of 4.69 million shares, higher than its three months average volume of 2.98 million shares. The stock finished the day at\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$169.84<\/span><span style=\"color: #333333;\">, up 0.06%, and registered an intraday range of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$169.42<\/span><span style=\"color: #333333;\">\u00a0and<\/span><span class=\"xn-money\" style=\"color: #333333;\">$171.08<\/span><span style=\"color: #333333;\">. The Goldman Sachs Group Inc.&#8217;s shares have advanced 6.58% in the last one month and 1.73% in the previous three months. However, the stock has declined 4.19% on YTD basis. Furthermore, the company&#8217;s stock is trading above its 50-day and 200-day moving averages. The stock&#8217;s 200-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$164.56<\/span><span style=\"color: #333333;\">\u00a0is above its 50-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$160.42<\/span><span style=\"color: #333333;\">. Additionally, shares of the company traded at a PE ratio of 10.23 and have a Relative Strength Index (RSI) of 72.81. Sign up today to read free research on GS at:<\/span><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><a style=\"color: #3d98c6;\" href=\"http:\/\/www.investor-edge.com\/4070-GS-23Jun2014.pdf\" rel=\"nofollow\">http:\/\/www.investor-edge.com\/4070-GS-23Jun2014.pdf<\/a><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><span style=\"color: #333333;\">KCG Holdings Inc.&#8217;s stock gained 2.30%, to close Friday&#8217;s session at\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$11.99<\/span><span style=\"color: #333333;\">, after oscillating between\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$11.75 and $12.05<\/span><span style=\"color: #333333;\">. The stock recorded a trading volume of 1.08 million shares, above its three months average volume of 0.63 million shares. Over the last one month and previous three months, KCG Holdings Inc.&#8217;s shares have advanced 1.44% and 0.59%, respectively. Also, from the beginning of 2014, the company&#8217;s stock has gained 0.25%. The stock is trading above its 50-day and 200-day moving averages. The company stock&#8217;s 50-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$11.17<\/span><span style=\"color: #333333;\">\u00a0is above its 200-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$10.80<\/span><span style=\"color: #333333;\">. Further, the company&#8217;s stock traded at a PE ratio of 7.99 and has an RSI of 55.34. Sign up today to read free research on KCG at:<\/span><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><a style=\"color: #3d98c6;\" href=\"http:\/\/www.investor-edge.com\/4070-KCG-23Jun2014.pdf\" rel=\"nofollow\">http:\/\/www.investor-edge.com\/4070-KCG-23Jun2014.pdf<\/a><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><span style=\"color: #333333;\">On Friday, RCS Capital Corp.&#8217;s stock finished the session 0.20% lower at\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$20.22<\/span><span style=\"color: #333333;\">. A total of 1.04 million shares were traded, which was above its three months average volume of 0.49 million shares. The stock moved between\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$19.38 and $20.25<\/span><span style=\"color: #333333;\">\u00a0during the session. Over the last one month and past three months, RCS Capital Corp.&#8217;s shares have lost 37.13% and 36.31%, respectively. However, the stock has gone up 10.19% since the start of this year. The company&#8217;s shares are trading below their 50-day and 200-day moving averages. Moreover, the stock&#8217;s 50-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$29.44<\/span><span style=\"color: #333333;\">\u00a0is greater than its 200-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$23.01<\/span><span style=\"color: #333333;\">. RCS Capital Corp.&#8217;s stock traded at a PE ratio of 7.27 and has an RSI of 22.65. Sign up today to read free research on RCAP at:<\/span><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><a style=\"color: #3d98c6;\" href=\"http:\/\/www.investor-edge.com\/4070-RCAP-23Jun2014.pdf\" rel=\"nofollow\">http:\/\/www.investor-edge.com\/4070-RCAP-23Jun2014.pdf<\/a><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><span style=\"color: #333333;\">Shares in LPL Financial Holdings Inc. fluctuated between\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$49.71 and $50.78<\/span><span style=\"color: #333333;\">\u00a0before ending Friday&#8217;s session up 1.76%, at\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$50.77<\/span><span style=\"color: #333333;\">. The company&#8217;s stock reported a trading volume of 1.93 million shares, above its three months average volume of 0.81 million shares. Further, shares of LPL Financial Holdings Inc. have advanced 0.61% over the past three trading sessions and 6.12% over the last one month. Also, the stock has surged 7.91% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock&#8217;s 50-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$47.99<\/span><span style=\"color: #333333;\">\u00a0is greater than its 200-day moving average of\u00a0<\/span><span class=\"xn-money\" style=\"color: #333333;\">$46.75<\/span><span style=\"color: #333333;\">. Moreover, shares of the company traded at a PE ratio of 24.82 and have an RSI of 62.15. Sign up today to read free research on LPLA at:<\/span><br style=\"color: #333333;\" \/><br style=\"color: #333333;\" \/><a style=\"color: #3d98c6;\" href=\"http:\/\/www.investor-edge.com\/4070-LPLA-23Jun2014.pdf\" rel=\"nofollow\">http:\/\/www.investor-edge.com\/4070-LPLA-23Jun2014.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On\u00a0Friday, June 20, 2014, the NASDAQ Composite ended at 4,368.04, up 0.20%, the Dow Jones Industrial Average finished the day 0.15% higher at 16,947.08, and the S&amp;P 500 closed at 1,962.87, up 0.17%. During the session five out of ten [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-42716","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42716"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42716\/revisions"}],"predecessor-version":[{"id":42717,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42716\/revisions\/42717"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}