Ameriprise - Best Performing Broker

Published on Friday, 03 February 2012 17:07 Written by Christopher Lynn

New York, February 3rd (TradersHuddle.com) - The overall market traded higher with the S&P 500 adding 1.46%. Stocks of Broker / Dealers also traded higher, with NYSE Broker/Dealer index closing the session at $97.239, which represents 3.28% versus previous day close. The index , it had 10 out of 10 components trading higher.

Ameriprise (NYSE:AMP) was the top performer of the sector today, closing at $53.65 representing 6.49% versus the previous trading session. Shares of Ameriprise, the financial planning firm, have defined support at $52.29 and resistance at $55.40.

TD Ameritrade (NASDAQ:AMTD) was also among the top performers, closed the trading session at $17.47 representing 5.78% from its previous close. TD Ameritrade, the provider of online brokerage services for independent individual investors has calculated support and resistance levels at $15.92 and $17.43 respectively. The other top performer was Charles Schwab (NYSE:SCHW), which closed the trading session at $12.71 representing 4.88% from the previous session.

The sector's worst performers include Nomura (NYSE:NMR) that closed the trading session at $3.97 or 0.51% from the previous close. Shares of Nomura, the global finanicial services company based in Tokyo, Japan have defined support at $3.50 and resistance at $3.72. Also among the worst performers was Interactive Brokers (NASDAQ:IBKR), which closed the trading session at $15.26 representing 0.59% from the previous session.