Joshua M Brown

Hot Links: Patterns, the Pay Czar & MC Trebek

Stuff I’m Reading this Morning (sorry for the late start, Daddy put down a few drinks last night)… Goldman Sachs takes a trip to China and comes back with their 10 fave oil plays.  (PragCap) ENOUGH ALREADY WITH THE PATTERN SEEKING!  I agree.  (AbnormalReturns) The bank lobby seems to just make up statistics whenever they…

The Bailout You Never Heard About

The quintessential book on Bailouts has already been written, it’s called Bailout Nation by Barry Ritholtz and many of my colleagues and clients will be receiving a copy come the holidays.  That said, there was one massive bailout in American history that hasn’t gotten much attention, probably because it was more of a social crisis…

A Look at Health Care Coverage Numbers in the US

In the current battle over health care, you will hear a lot more of a ruckus over WHO is covered as opposed to much about the quality of coverage.  As a result, a lot of the debate is based on which politician is supplying the numbers themselves. Here’s a look at the government’s data from the St….

Hot Links: Perp Walks, Proud Bulls and the Skiing Robot

Stuff I’m Reading this Morning… Rockstar Raymond James strategist Jeff Saut is still bullish and proud of it.  (PragCap) Say hello to Preet Bharara, the New Sheriff of Wall Street.  (Clusterstock) Eddy Elfenbein: David Rosenberg is running away from his bad calls.  (CrossingWallStreet) Bess opens the floodgates of speculation on which Hedgie will be doing…

CNBC's Most Annoying Commercials 3

And the never-ending commercial loop continues…same repetition, new set of 30 seconds spots to drive us crazy. CNBC is the soundtrack of my workday, for better or worse, while I’m at my trading turret.  I’m OK with the network itself, but their habit of running the same 7 or 8 ads all day long, again…

Texas Instruments: Note To Self

Talk about having your thunder stolen!  Reporting earnings at the same time as Apple is like playing the second stage at Lollapalooza as the Chili Peppers take the main stage.  Supposedly, crickets could be heard on the Texas Instruments (TXN) conference call along with the quiet yearning of the second string sell-side analysts who wished they were…

Hot Links: Brazil's Tax, Heroin & the Upside Crash

Stuff I’m Reading this Morning… Dick Bove has a word of caution for those looking to become analysts.  (Dealbreaker) Look out! Brazil is imposing a “foreign investor” tax.  (Clusterstock) Lindzon’s calling this phase of the rally an “Upside Crash”.  (HowardLindzon) The race to save Lehman: an excerpt from Sorkin’s new monster book.  (NYT) Economists see…

Crushing Earnings Estimates? There's an App for That.

I’m utterly in awe of the great American earnings machine that is Apple Inc (AAPL). This evening’s earnings report eruption was utterly remarkable given the environment. From All Things Digital: Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public…