[embedded content] Be sure to subscribe to our channel so you never miss an update Join Michael Batnick and Downtown Josh Brown as they play their favorite game – and you can play along in the comments below! This week: -Most Stocks Suck – you’d be surprised at how many stocks underperform the index over […]
Gambling
More anecdotes / data on the gambling phenomenon I blogged about this weekend…Bloomberg News via Peter Boockvar: The ProShares Ultra Pro QQQ (TQQQ), which mimics the NDX but three times the daily exposure, collected $1.5b in the past 8 trading days, the most over this time frame since 2010. The money though came in as […]
7 Summers Ago
Yesterday marked the seventh anniversary of the founding of my firm, Ritholtz Wealth Management. When I think about the flurry of activity that went into the launch that summer, and how clueless we all were about starting and running a business, I can’t help but smile. It was hard work, stressful and there were always […]
the whole story
The Barron’s cover story by Ben Levisohn this weekend is “Yes, It’s a Stock Market Bubble. That Doesn’t Mean Trouble for Investors Just Yet.” Ben does a good job of capturing the storytelling that’s led to one of the greatest stock booms we’ve ever seen: The story began easily enough, if not with “once upon […]
Why Markets Crash in the Fall
The new episode of my podcast went up this morning. You can listen to it here on Apple, Google or Spotify. Or just play it below: This week I get into why it is that market watchers get extra cautious around the September – October period each year, and why this past week’s major selloff […]
The Stupendous Luck Of Bill Gates And Other Money Psychology Fables – With Morgan Housel
[embedded content] Be sure to subscribe to our channel so you never miss an update Morgan Housel is one of the finest investment writers of our generation. His new book, out this week, is destined to become a modern classic. Not only will you enjoy breezing through each of these highly enjoyable and critical ideas, […]
An endless responsibility
Here’s part of your responsibility – you cannot continually change your views about your investments based on what the markets have just done today. Cannot. You will chop your portfolio into pretzel nuggets. And then into crumbs and salt crystals. You cannot consistently sell down 4% and then buy back plus 10% when it feels […]
Tesla snubbed (!) and the Nasdaq Whale story
[embedded content] Be sure to subscribe to our channel so you never miss an update Welcome back to an all-new edition of What Are Your Thoughts, with Downtown Josh Brown and Michael Batnick.In this episode: *Are you buying the Nasdaq Whale story about Softbank singlehandedly pushing up large cap tech? *For one brief, shining moment, […]
That was fun.
Posted September 8, 2020 by Joshua M Brown Now go talk about it. Read this next.
The 96-week downtrend
Energy stocks have been locked in an unbelievable downtrend for so long, we almost take it as a given that they’ll continue to shrink as a percentage of the S&P 500 (and, eventually, as a force within our economy). In the meanwhile, gasoline demand is back to almost pre-Covid levels already. We’re driving again. I […]