If you haven’t done it already think about signing up for our daily e-mail, thousands of other Abnormal Returns readers already have.

Quote of the day

David Merkel, “Significant wealth never comes through your own labors or secondary-market investing. It comes through creating a very profitable firm.”  (Aleph Blog)

Chart of the day

AAPL Chart

AAPL data by YCharts

Why Apple and Amazon shares are diverging.  (SAI, Apple 2.0)

Markets

Why we should want interest rates to increase.  (SurlyTrader also UpsideTrader)

Individuals are buying all manner of stock funds.  (Total Return, WSJ)

More signs fund managers are getting complacent.  (The Short Side of Long)

Equity buybacks can only do so much for the market.  (BCA Research)

Why Apple ($AAPL) may have farther to fall.  (Market Anthropology)

Strategy

Why stock price data from the Taft administration isn’t all that relevant.  (A Dash of Insight)

Beware when companies confront short sellers.  (ValuePlays)

Don’t confuse preparation with accomplishment.  (Trader Habits)

Andrew Hall on the best place to buy oil.  (II Alpha)

Research

Investors, wrongly, extrapolate past returns.  (SSRN)

Beware narcissistic CEOs who earn more and overinvest.  (SSRN)

Companies

Has the Mac seen its best days?  (SplatF)

Amazon ($AMZN) shareholders don’t care if the company turns a profit.  (Slate, Breakout)

Is Facebook ($FB) growing fast enough?  (Marketwatch also SAI)

Aubrey McClendon is out at Chesapeake Energy ($CHK).  (Dealbook, Deal Journal)

Finance

Forex volume surged in January.  (FT)

We’re going to need a lot more infrastructure investing.  (Institutional Investor)

Tiger Global is not shy about Internet positions.  (peHUB)

Just much room do actively managed ETFs have to grow?  (InvestmentNews)

Global

Swiss banks are getting tired of keeping track of your gold bars.  (FT)

Europe is going to implement a Tobin tax.  (Felix Salmon)

The Canadian economy is under pressure(s).   (Bonddad Blog)

Economy

Despite a drop in Q4 GDP the economy is doing just fine.  (Money Game, FT Alphaville, Calculated Risk, Free exchange, Wonkblog, Gavyn Davies)

ADP says private employment continues to grow.  (Calculated Risk, Capital Spectator)

Earlier on Abnormal Returns

Celluloid lessons from Wall Street.  (Abnormal Returns)

Mixed media

Nate Silver’s The Signal and the Noise isn’t all that.  (Falkenblog)

The secrets of creativity when it comes to blogging.  (Brian Lund)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.

More Posts This Week

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.