Update - Brokers Lower In Focus:GS, RJF, AMP

Published on Friday, 10 August 2012 11:55 Written by Danny Miller

New York, August 10th (TradersHuddle.com) - The overall market is trading lower with the S&P 500 losing 0.27%. Stocks of Broker / Dealers are are also trading lower, with NYSE Broker/Dealer index trading at 80.327, which represents -0.53% from its previous close. 2 out of 10 components of the index are trading higher.

Goldman Sachs (NYSE:GS) is the index current top performer, trading at $103.6 representing 1.07%. versus the previous trading session. Shares of Goldman Sachs, the premier global investment banking and securities firm, have defined support at $96.72 and resistance at $104.38.

Raymond James (NYSE:RJF) is also among the top performers, trading at $34.46 representing 0.06% from its previous close. Raymond James, the financial services provider for retail investors, corporations and municipalities has calculated support and resistance levels at $31.93 and $34.79 respectively. The other top performer is Ameriprise (NYSE:AMP), which is trading at $54.29 representing -0.15% from the previous trading session.

The index worst performers include Nomura (NYSE:NMR) that is trading at $3.53 or -1.67% from the previous close. Shares of Nomura, the global finanicial services company based in Tokyo, Japan have defined support at $3.40 and resistance at $3.64. Also among the worst performers is Morgan Stanley (NYSE:MS), which is trading at $14.48 representing -1.56% from the previous trading session.