The Takeaway: Did you buy the dip? Guess who did?

JUN 25, 2013
Portfolio Last week was the worst S&P 500 drop of 2013. Guess who bought the dip...  (The Reformed Broker) Mark Hulbert: You're all way too optimistic still, the worst is yet to come in this correction.  (MarketWatch) Regional bank stocks have a nice looking setup here.  (ZorTrades) What kind of returns do you get when you buy a sector down 80%?  Asking for a friend.  (World Beta) Will the mailing of quarterly brokerage statements trigger the next round of bond selling?  (Investment News) The Biz So you want to attract more breakaway brokers...  (Washington Wealth) Are you ready for Finra's new social media spot-check?  (Financial Social Media) Civil charges against Jon Corzine hitting any moment, brace for ambivalence...  (DealBook) “We have not allocated to DoubleLine in large part because of the drama surrounding Mr. Gundlach." - institutional consultants  (Pensions & Investments) Fine, you can make money - can you use it to purchase happiness? If not, I will take some of it off your hands.  (Scientific American) This is a bit incestuous, but too bad - Congrats to Investment News on 15 Years of brokerage and advisory biz coverage!  Celebrate here: (Investment News) Outliers Insurance Companies Were Bad At Predicting How Dumb Their Customers Would Be (Dealbreaker) *** Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.

Latest News

IRA rollovers from DC plans to hit $1.15T by 2030, LIMRA says
IRA rollovers from DC plans to hit $1.15T by 2030, LIMRA says

Research highlights the dominant role of workplace retirement plans and breaks down the major factors dictating workers' IRA rollover decisions.

GReminders unveils autonomous AI assistant for financial advisors
GReminders unveils autonomous AI assistant for financial advisors

The wealth tech firm is rolling out its "Do Anything" assistant as leaders and strategists tout the next evolution of artificial intelligence.

Court strikes down SEC CAT funding plan, puts broker-dealer costs under fire
Court strikes down SEC CAT funding plan, puts broker-dealer costs under fire

Appeals court overturns SEC’s CAT funding plan, broker-dealers face new uncertainty.

FINRA fines second broker-dealer over misleading communication with clients about crypto
FINRA fines second broker-dealer over misleading communication with clients about crypto

TradeStation Securities' communications violated industry rules, including falling short on describing the risks involved in investing in volatile crypto assets.

Advisor moves: Osaic welcomes Valic veteran in Arizona, Janney hails $3.3B recruiting haul
Advisor moves: Osaic welcomes Valic veteran in Arizona, Janney hails $3.3B recruiting haul

Meanwhile, a father-son pair of advisors and ex-marines from ex-Edward Jones gives Kingsview its newest location in Arkansas.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.