E*TRADE from Morgan Stanley has published its latest monthly sector rotation study, which analyzes the buying and selling behavior of its customers in relation to stocks within the S&P 500 sectors. The study is based on notional net percentage buy/sell activity among E*TRADE customers.
E*TRADE from Morgan Stanley provides a range of financial services for retail clients. Securities products and advisory services are offered through Morgan Stanley Smith Barney LLC, which is a member of SIPC and a registered investment adviser. Commodity futures and options are provided by E*TRADE Futures LLC, a member of NFA. Stock plan administration is managed by E*TRADE Financial Corporate Services, Inc., under the Morgan Stanley at Work platform. Banking products are offered by Morgan Stanley Private Bank, National Association, which is a member of FDIC. Each entity operates as an affiliate under the broader Morgan Stanley umbrella.
According to the company, “The material provided by Morgan Stanley Smith Barney LLC (‘Morgan Stanley’) or its affiliates) is for educational purposes only and is not an individualized recommendation. This information neither is, nor should be construed as, an offer or a solicitation of an offer to buy, sell, or hold any security, financial product, or instrument discussed herein or to engage in any specific investment strategy by Morgan Stanley.”
The firm also notes that past performance does not guarantee future results.
Further details about the study and related services can be found at www.etrade.com.