iShares U.S. Broker-Dealer Index IAI

April 16th, 2010

The iShares U.S. Broker-Dealer Index (IAI) had a major breakout yesterday and continues the trend today. After strong earnings from JPM and BAC, this looks like a strong rally ahead of us. If you notice, the $29 level is the breakout point and an eventualy move back down there to re-test it would be very healthy!

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iShares U.S. Broker-Dealer Index IAI