Links for the informed adviser…
Markets
Are positives starting to dominate as more and more economic data points improve? (The Big Picture)
Actionable
Major “W” bottoms formed in MS and JPM. Time to accept that the breakout is for real. (iBankCoin)
Greggy: Positive earnings lining up with positive technicals – Cicso’s a buy. (Dragonfly Capital)
Two oil stocks flashing the golden cross – Tidewater and ENSCO. (Trade With Pete)
Industry
The big five mortgage servicing banks settle mortgage fraud suit for $26 billion. (NYT)
Brokerage industry death spiral continues… (TRB)
Oooooh – LPL recruiters are gunning for “hotshot reps”! Whatcha gonna do when LPL comes for you?!? (Investment News)
$1.8 billion yanked from stock mutual funds this week. Where could that be going? (Financial Planning)
LOL
Bess Levin: So you want to date a Wall Street guy… (Dealbreaker)
Josh Brown is a contributor to the Financial Adviser blog. He is a vice president at Fusion Analytics, an investment advisory firm, and the author of the The Reformed Broker blog. His commentary here is for informational purposes and should not be construed as research or advice. Mr. Brown buys and sells investment instruments for his own and his clients’ accounts, and will disclose if he holds a position in a company or industry he writes about.
