Archive for June, 2009

• Thursday links: prominent investor seals of approval
  abnormalreturns, June 11th, 2009 at 11:52 am, Comments: 0

  Individual investors are pouring money into retail mutual funds.  (Pragmatic Capitalist, Clusterstock) Has the rise of hedge fund-like trading put an end to value investing?  [...]

• Wednesday links: volatility principles
  abnormalreturns, June 10th, 2009 at 1:00 pm, Comments: 0

  “People suck at investing.”  (World Beta) To get through the trading day, learn how to breathe.  (Kirk Report) “I would highly recommend day traders at [...]

• Tuesday links: oil, gas and Big Macs
  abnormalreturns, June 9th, 2009 at 2:03 pm, Comments: 0

  The S&P 500′s P/E ratio as jumped.  Should we be concerned?  (Crossing Wall Street) High yield spreads are back down to levels last seen in [...]

• Abnormal Returns 2.0
  abnormalreturns, June 9th, 2009 at 12:11 pm, Comments: 0

  Welcome to Abnormal Returns 2.0.  A few months ago we wrote a post indicating our need for a new business model for the blog.  Now [...]

• Monday links: uninformed traders
  abnormalreturns, June 8th, 2009 at 12:39 pm, Comments: 0

  May was a banner month for hedge funds.  (WSJ) Natural gas is entering its best quarter of the year (historically).  (Bespoke also ValuePlays) With commodities [...]

• Sunday links: EMH breakdown
  abnormalreturns, June 7th, 2009 at 8:51 pm, Comments: 0

  Can we still count on stocks for the long run?  (Time) How big a role did the ‘efficient markets hypothesis‘ play in how we got [...]

• Friday links: lottery ticket trading
  abnormalreturns, June 5th, 2009 at 12:00 pm, Comments: 0

  Documenting the surge in “lottery ticket” trading.  (Sentiment’s Edge also tangentially related A Dash of Insight) Insider buying is virtually nonexistent.  (Pragmatic Capitalist) “Volatility is [...]

• Being right is overrated
  abnormalreturns, June 4th, 2009 at 2:33 pm, Comments: 0

  Joe Weisenthal at Clusterstock points out today an interesting (long) piece by Holman Jenkins at Hoover.org on the financial crisis.  The gist of the article [...]

• Thursday links: strategy is overrated
  abnormalreturns, June 4th, 2009 at 12:14 pm, Comments: 0

  “Neither a 200-day simple moving average nor the exponential variation I’ll address below outperform enough to warrant consideration as independent indicators.”  (Condor Options) “The essence [...]

• Wednesday links: dialing for dollars
  abnormalreturns, June 3rd, 2009 at 2:09 pm, Comments: 0

  Why the 200 day moving average matters.  (Crossing Wall Street) Historical market volatility is still above historical averages, but is way down from the peak.  [...]