Schwab Leads Broker-Dealer iShares to New High

The Broker-Dealer iShares (IAI) is showing leadership over the last few weeks with a surge above its March highs. Notice that the ETF is up around 10% from its early August low. Within the group, Charles Schwab (SCHW) is leading with a new high in late August and further strength this month. Etrade and TD Ameritrade are playing catch up with big moves the last two months. Strength in the brokers is positive for the market overall.


Click this image for a live chart

 Previous Article Next Article