Ritholtz’s Secret: CBOE’s Chart is a Masterpiece? 💸📈

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Behold, the chief executive of a wealth management firm, a man whose wisdom is as deep as the ocean and as sharp as a scalpel, declares that Cboe Global Markets (CBOE) is one of his top stocks. 🤯

In a new interview with CNBC, Ritholtz Wealth Management CEO Josh Brown, a man whose words are as rare as a snowball’s chance in hell, notes that Cboe thrives on high trading volumes and volatility. A marvel of modern finance, indeed. 📈

Brown, ever the prophet of profit, says the company’s stock is rising because traders are trading options “to an extent that we have never seen before.” A revelation, or perhaps just a well-timed lie. 🧠

“Cboe is a fantastic company, and this is one of the best charts in the market, and this is now one of the best stocks in the market. They have earnings on August 1st, there could be a little bit of a blip, so if you’re looking for an entry and they put out a report and it’s a sell-the-news reaction, and this name comes in a couple of bucks, that’s probably the entry that I would look for as far as risk management.” A masterclass in financial jargon, if nothing else. 🎩

CBOE, that paragon of financial virtue, is currently trading at $246, having surged more than 2% in the last 24 hours and over 3% in the past week. A mere $1 away from its all-time high of $247, it’s as if the stock is holding its breath, waiting for the next market whim. 🧠💸

The CEO also notes his other top stocks right now include the retail trading giant Robinhood (HOOD) and the online brokerage Interactive Brokers LLC (IBKR). A duo as reliable as a Russian novel’s ending. 📚

“Trading is hot. It’s what people are doing. Institutions and retail. Some are hedging, some are speculating, doesn’t matter, these companies are the gateway, and they’re all raking it in right now.” A veritable gold rush, if you will, though the real treasure is the commission fees. 💸

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2025-07-25 17:42