Serge Berger is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here.
The Steady Trader Head of Investment Strategy Serge Berger discussed TD Ameritrade Holding Corp. AMTD and Charles Schwab Corp SCHW on the show.
Berger was bullish on brokerages and thought better momentum would come for TD Ameritrade’s stock if it moved above the 50-day moving average, which it was near.
For Charles Schwab, Berger liked it as a tactical play and thought that if it moved above the $31 level, there would be more upside potential.
Charles Schwab Corp recently traded at $30.48, down 1.07 percent.
TD Ameritrade Holding Corp. recently traded at $36.24, down 1.41 percent.
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