Joshua M Brown

Night Moves

LOL, a 323 point Dow Jones rally. Guess nobody GAF about oil anymore after all. Some reads as you head home tonight…

Ritholtz Wealth Coming to Seattle This Month

Some people from my wealth management firm, Ritholtz Wealth Management, are headed out to Seattle for a few days later this month – including Barry Ritholtz himself. If you’re interested in speaking with us about your own investments or financial planning, feel free to get in touch. Details below, here’s Barry: The week of January…

Chart o’ the Day: Don’t Be Shocked

Jon Krinsky of MKM Partners is out with his big 2015 preview piece this week and included is the below context vis a vis the current secular bull market that just may be the real thing (I’ll let you know in a decade). He points out that, even if 2013’s break out of the old…

AdvisorHUB is the Most Important Site in Finance

  Wealth management is now the most important business line on Wall Street – the principal area of steady profits and profit growth. All of the big firms have beefed up their in-house retail brokerage, investment advisory and asset management businesses in recent years and these areas are frequently the headline item in earnings releases…

Follow-Up: Securities-Based Lending on Watch

Last month I did a story for Fortune about the explosion in securities-based lending and portfolio loans at the big four brokerage-banks. The feedback behind the scenes ranged from “Finally, this issue getting some attention” to “Josh, you’re making a big deal out of nothing.” One thing’s for certain, the massive volume of feedback tells…

Night Moves

via Jon Krinsky at MKM Partners: For those wondering, the last three years where the SPX started off with 3 straight down days were 2005, 1991, and 1985. Full year returns were +3%, +26.31%, and +26.33% respectively. 1991 actually started off with 6 straight down days (-5.80%), and then rallied ~19% by early February. Some…