NEW YORK (TheStreet) -- Monday saw another yet another record high for the S&P 500, which appears to bode well for online brokerages such as E*Trade Financial (ETFC) and Charles Schwab (SCHW). Meanwhile, some hefty paydays were reported across the financial industry. Some didn't even require holding a job.
While the S&P 500 continues to outdo itself, Ari Wald, a technical analyst at Oppenheimer, gave buy ratings to CME Group (CME), E*Trade, Goldman Sachs (GS), J.P. Morgan Chase (JPM), KeyCorp (KEY), Morgan Stanley (MS), Nasdaq OMX Group (NDAQ), and Charles Schwab citing the companies exposure to capital markets.
In Monday's trading both E*Trade and Charles Schwab were at the top of the S&P 500 Financial Index, which closed up 0.55%.
Meanwhile, E*Trade closed up 83 cents to $29.84 and Charles Schwab closed up 65 cents to $31.86.
It's good to be a CEO. Especially if you're John Cahill of Kraft Foods Group (KRFT). Cahill sat at the helm of Kraft for just a few months before agreeing to sell the company to H.J. Heinz, which is co-owned by Warren Buffett's Berkshire Hathaway (BRK.A) and 3G Capital.