Those investing in the Russell 2000 are missing the boat on what's happening, says Ritholtz's Brown
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- Опубліковано 5 вер 2024
- Josh Brown, Ritholtz Wealth Management CEO, joins 'Closing Bell' to discuss if the equity markets are broadening out, the lists of large cap stocks which have recently hit all-time highs, and much more.
Curing cancer with khakis is gold
Agree..Scott has no sense of humor 😂
That had me 💀
Josh is delivering the best one-liners in finance stand-up!
@@fhowland Scott tries to be the 'smartest guy in the room' in every conversation and feels he needs to upstage the guests. But he is nowhere near as bad as Sorkin, who is completely unbearable with his smug, know-it-all, elitism.
@@KayFabe87 agree on all counts
I'm going to have to go with Tom Lee over JB on this one...
My expectation this March is that markets starts to broaden out more,” what if the interest rates go up? i have a ton of questions....can I safely invest $620k? What should I do differently?
Large Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Large-Caps Stocks to position into.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help
’Nicole Desiree Simon’. is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Sticking with Tom Lee on this one. I love Josh, but Small Caps will outperform in 2024----watch it!!!!
Josh's energy has the sounds of a Top.
pause
First time in 3 years - Josh disappointed… As regular The Compound fan. I have been surprised with such a bold statements. Believe in IWM undervaluation. Already 2 months flipping some Mag 7 gains to IWM and small tech cap stocks! Anyway respect for Josh as he is one of 1% who was 99.99% correct with bullishness and never spread FUD- who followed him has minimum 200% year gains!
Man has to sell his book before the market drops.
But it's difficult to pick a winner in russel and essier to play safe in big companies.
Tom Lee claims 50% in small & mids this year..
He also said there'd be 7% downturn in January or February
Tommy is a pumping goofy. He got lucky last year and people act like 2022 didn't happen when he was wrong all year.
50? Let's make it 150%!
Small caps are better represented by “S&P 600” than the Russell 2000. The 600 index filters out the weak players. I agree with the assertion that since small caps are more sensitive to rates, they won’t come alive until rate cuts are imminent. At that point, just step out of the way…
I agree with Josh as well-for right now small caps seem stagnant, but some of those companies will grow into mid and large caps someday and are trading at a discount. So are you implying to "step out of the way" and not buy them? Because if so you'll get burned when they do rally...just like they were saying about NVDA, META, AMZN back in 2021 and to "stay out of the way" for the recession that so far has never happened.
@@leonheart4178 Sorry, by “step out of the way” I meant to avoid getting run over by small caps when Fed starts cutting rates, like a stampede. They should do well.
Do you know what the weak players consist? Wouldn't you want to be in some of the weak players that are cyclical lows where the E (earnings) has already been hit? Rate cuts would juice their return more-so. As the saying goes ... "Buying a cyclical after several years of record earnings and when the P/E ratio has hit a low point is a proven method for losing half your money in a short period of time."
I guess it would be better to vet the weak players to determine why they are losing money.
@@gmoney546I agree with you, that if you’re planning to invest in individual companies it makes perfect sense to individually screen for unfairly devalued companies. But since folks who do index investing (SPY, QQQ, VTI, etc) only want the best value in the aggregate, it’s useful to know that while Russell 2000 catches that many small/mid companies rather indiscriminately, the S&P 600 index (SLYG, etc) filters for the BEST 600 companies based upon performance and earnings thresholds. But yes, if you have the time, talent, and inclination to sift through “weak players” to individually discover which ones actually constitute a bargain, then best of luck to you!
@@Judge247exactly! Thinking long term and being patient will pay off once rates start dropping
The more Josh gets bullish, the more I get concerned.
Then sell out
DOWNTOWN JOSH BROWN‼️ LET’S GO 🎉
Time to buy small cap got it!
I'll never apologize for betting on a highly-diversified index with 25% upside JUST for returning to all-time highs (at the time I bought it; it's only 20% upside now)
Add historically-low multiples and some big tailwinds, and I'm happy going long on R2000
This makes me pretty bearish. 😂
Lets go lunr. Appreciate the update josh
Where was this version of Josh 10 days ago when he prematurely sold 20% of his Nvidia holdings at $690 and missed earnings entirely?
He was probably up over 300% on Nvidia. Nothing wrong with taking profits. You can't time the top or bottom.
He was too busy buying SNAP at $17
Josh said week ago 99% that top is in on Nasdaq, look where we are ... another great 'bottom call' from Josh the Wallst Piggy Brown :)
please speak louder so that i can buy all the good small caps
The idea that the not-good small caps are the most likely companies to go under isn’t wrong. I think some people only consider russel2000 or no small caps as the options, so they throw out some babies with the bath water. Picking out the good ones isn’t something that they care to, especially the large majority who know that their picks have a history of not beating indices, and especially those with no system to automate the downselecting of 2000 companies into a few dozen to examine more closely
I sometimes wonder whether the average software engineer, given three months of crash course on earnings reports, couldn’t outperform the average money manager.
High interest rates hurt small caps more than mega cap cash machines. Small caps are going to underperform for a long time.
i believe we are starting to see another big correction like we saw from august to october. when we see rate cuts this summer the market will be a buy again. right now its super overbought. iwm will start to outperform after that correction.
Smallcap 2000 have an amazing PE of 12-13....they will catch up.
No way, all of that signals the bubble is about to pop.
When everyone is getting in, it's time to get out.
We have been in since 2008. I dollar cost average and when price goes below 200 day moving avg I add a little more, below 350 day I add a little more, below 500....750, 1,000....I add a little more. I have been trading for 35 years and this strategy is fools proof, makes big money over time and more importantly.....unplugs you from the charts and gives you back your life.
@@robbieb2011Interesting, im going to look into that. Thanks.
@@robbieb2011 what are your top stocks?
Small caps cannot weather any storm. The risk return of large cap is too great to miss. I only go for them.
Josh is great
he said during covid he was immuno compromised and should never be around people but since then has been around people non stop - interesting.
the lows discussion is a good point.
I love Josh Brown but u still got to diversify. At least have a small portion in the Russel 2000
Buy small cap biotech and call it a day.
Yup. I like Josh but how do we know he's not heading back to his office and buying his small caps of choice? Many trade at a discount and are good buys right now.
@@brooke510stay the fk away from biotech unless you want to lose money
I think clarifying time horizon on small/mid caps versus large cap would be helpful, than just in the next few months. For the average investor starting a new 1-2 year position, IWM makes sense to me giving the divergence in the 500 in the last 2 years.
He's right... R2000 is crap and won't be saved by rate cuts
This is America. We all learned during COVID that those small business loans all went to the megacaps and not the small businesses. Washington DC doesn't care about small caps.
Is Josh upset bc he's not in IWM? Sorry, but 5% gain this month works for me. Better than QQQ and SPX.
Josh is right!
❤🎉 Party On With My 'Ol Pal DownTown Josh Brown! 🥳🥳🥳🥳🥳🥳🤟🤟🤟🤟✌️✌️✌️🙏🙏🙏🙏
I agree with Josh! Small cap for what? What about the interest risk? 😂😂😂focus on what is the hot potatoes right now! The 7s! We have the views! Intelligence! I am fã of because we are the best! See and get real in the whole picture of investing👊🎉
Interest indeed hit small caps the most.
josh is just a speculative trader just like wood and all the other tesla traders out there
Speculative. But not a trader.
This is another great example of why you always play the hot hand and don't look for discounts.
I partly agree with Josh on the current state but realize that didn't work out so well for the people who missed out on NVDA, AMD, MSFT, META, GOOGL, AMZN, or Apple when they were at or near all time lows in 2021-2022. Just saying.
Josh Brown missed the boat when he bought Toast and Snap at the top. These people on CNBC are just pumpers of the bags they're holding. Best to ignore the entire channel tbh
Beginning to think Josh missed the boat, then got on at the top, now needs everyone to keep buying in order to support his cost basis! The Russel 2000 has good upside potential in a falling rate environment. You would do well to allocate at least some of your funds there. But certainly, don't miss out on the Nvda FOMO either!
Bubble gonna burst😢
Yes yes yes
There he is again, who is this guy to be telling people what to play like he knows what whole world would be investing in? Thinks if he's loud that it makes him right or smart? He sold bottom on Meta ffs! He knows nothing!!!
Focus on the now because we can’t think ahead…
One of the reasons I don’t listen to analysts or advisors on stocks or etp. Most of information is data driven and most people are not able to buy every stock or etp they talk about. Most cannot trade anytime the trade goes south. I take the information presented and look how the company has been not what it’s going to be like in the future. Anyone remember Covid? Who could have seen an economic shutdown? Most say don’t look to history, but state 52wk highs or lows. Totally contradicting what they say. I bought FDX when it dropped ($148.00) and they laughed about it that day. Now it’s $245.00. Nobody can predict the future and if you do you are then called an inside trader. lol. It’s your money. Do a basic research on what you want to invest in. Risks, fees, taxes, speculative are some things you should research. Are you buying when it’s going up or down? Is it at peak or bottom? Knowledge is power. Have a nice day.
The meal eaten for lunch was an Apple
1:24 Listening to JB is missing the boat
Josh Brown gets everything wrong, can't stand him. How did he get on CNBC lmao
the russel trade was back when u could scoop iwm in 170s
CNBC have some good analysts on occassionallly. Never listen to anyone else on here though. 🤣 You seriously think Citadel takes any of these guys seriously lol
Russell is about to take off, given Josh "A$$"-Brown bashing them.
$EPIKO
💎
Yeah so buy stocks at all time highs so if we crash you can lose more money? Makes sense
Josh Brown the Clown
My pics are apple, google, Microsoft, amazon, VOO, S&P 500. i much rather put my money into companies that are financially healthy and are tangible. Speaking from experience after losing my balls to small cap, Cannibus and crypto.
is Josh Brown on the spectrum? Like the guy unlike most of these CNBC buffoons...just curious. I get the vibe.
doo doo Brown
Incorrect
Sound hot but the quarter isn't overrrrr 👀👀👀
36% of SP500 still below 50 day moving average.
kevin james so butt hurt
this didn't age well
Sellers have to go somewhere so the wallflowers are getting pumped at closing time. Clear top.
The Fed rate cutting story that filled the dancefloor has ended. The mag7 ran out of oxygen. The wallflowers can't dance.
Cash out.
josh talks way too much
2022 Nvidia was $112 and other big tech stocks was over 70% down they were over valued lol. Now all time high but under valued hahhhh. Ignore these clowns pleassse!
S&P 600
New lows today