AMTD, ICE And CME, Pushing Financial Services Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,558 as of Monday, July 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,691 issues advancing vs. 1,251 declining with 101 unchanged.

The Financial Services industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Invesco ( IVZ), up 1.5%, MasterCard Incorporated ( MA), up 1.2%, Ameriprise Financial ( AMP), up 1.0% and T. Rowe Price Group ( TROW), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. TD Ameritrade Holding Corporation ( AMTD) is one of the companies pushing the Financial Services industry lower today. As of noon trading, TD Ameritrade Holding Corporation is down $0.29 (-1.1%) to $25.85 on light volume. Thus far, 1.4 million shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $25.74-$26.09 after having opened the day at $25.87 as compared to the previous trading day's close of $26.14.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $14.3 billion and is part of the financial sector. Shares are up 55.5% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate TD Ameritrade Holding Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TD Ameritrade Holding Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, IntercontinentalExchange ( ICE) is down $2.08 (-1.2%) to $176.91 on light volume. Thus far, 264,272 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 732,900 shares. The stock has ranged in price between $176.37-$178.69 after having opened the day at $178.26 as compared to the previous trading day's close of $178.99.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $13.2 billion and is part of the financial sector. Shares are up 44.6% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full IntercontinentalExchange Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, CME Group ( CME) is down $0.96 (-1.3%) to $73.79 on average volume. Thus far, 1.2 million shares of CME Group exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $73.64-$75.30 after having opened the day at $75.30 as compared to the previous trading day's close of $74.75.

CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $25.5 billion and is part of the financial sector. Shares are up 50.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate CME Group a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CME Group Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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