Friday links: ginormous ranges

Quote of the day

Carl Futia, “So as a practical matter you should count yourself fortunate indeed if you consistently capture a small part of any given market swing.”  (Carl Futia)

Chart of the day

SPY2011Ranges 624x368 Friday links:  ginormous ranges

The S&P 500 has spent 2011 trading in “ginormous ranges.”  (Dynamic Hedge)


The market is “grinding higher.”  (Big Picture)

Momentum stocks have taken a hit, while big Nasdaq names stand ready to breakout.  (Fund My Mutual Fund, All Star Charts)

3Q earnings could have been better.  (Big Picture)

Gold is “resting.”  (TheArmoTrader also Afraid to Trade)

Oil is solidly above its 200 day moving average and the WTI-Brent spread is coming in.  (Bespoke, ibid)


You can’t trade if you aren’t healthy.  (Phil Pearlman)

Sometimes the best trade is no trade.  (SurlyTrader)

Now is the time to start looking for tax loss harvesting candidates.  (iShares Blog)

Don’t believe everything you read about bubbles.  (Total Return)


Can risk management techniques save momentum?  (Turnkey Analyst

Perfect timing for the launch of the Cleveland Financial Stress Index.  (SSRN, Cleveland Fed)


Reconciling long lines and Apple ($AAPL) iPhone 4S production shortfalls.  (SAI)

Flash is dead.  Long live HTML5.  (WSJ)

What Zynga is doing with stock options is pretty much business as usual.  (Term Sheet)


Disney ($DIS) is doing just fine outside of Europe.  (Crackerjack Finance)

How Sony ($SNE) barely makes money.  (SplatF)

Starbucks ($SBUX) for the win in the juice business.  (Herb Greenberg, ValuePlays)

Hard to see how defense spending doesn’t decline.  (Money & Co.)


What is the optimal level of a Tobin tax?  (Wilmott contra WSJ)

The Fed’s primary dealers are falling like flies.  (WSJ)

2011 has not been a good year for the retail forex firms.  (Focus on Funds)

Are we asking too much of pension funds?  (Felix Salmon)


Checking in on European bond yields.  (Calculated Risk, MarketBeat)

Even Germany, at this price, is not a safe haven bond market.  (Pragmatic Capitalism)

What are the real prospects for a downgrade of France?  (FT)

The mechanics of leaving the Euro are not easy.  (Planet Money)

Italian stocks are cheap, but likely to get cheaper.  (Marketwatch)

Joe Weisenthal, “The fact of the matter is that we’re not on a gold standard. Period.”  (NetNet)

India is getting hit with the European slowdown.  (Credit Writedowns)


Consumer sentiment bounces.  (Calculated Risk,

What exactly is in the ECRI indicators?  (Stone Street also MarketBeat)

Rail traffic continues to show gains.  (Pragmatic Capitalism)

The bi-partisan case for old fashioned infrastructure spending.  (USA Today via Felix Salmon)

Remember the “Super Committee“?  (WSJ)

Earlier on Abnormal Returns

Business risk and the risk of underperformance.  (Abnormal Returns)

What you missed in our Friday morning linkfest.  (Abnormal Returns)

Mixed media

Happy birthday iBankCoin.  (The Fly)

Certain inequalities are better than others.  (NYTimes)

Jeff Matthews on Steve Jobs Friday links:  ginormous ranges:  “Read this book.”  (Jeff Matthews)

Abnormal Returns is a founding member of the StockTwits Blog Network.

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to If you click on my links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
  • Tadas ViskantaAbnormal Returns has over its seven-year life become a fixture in the financial blogosphere. Over thousands of posts we have striven to bring the best of the financial blogosphere to readers. In that time the idea of a “forecast-free investment blog” remains as useful as it did six years ago. More »

  • StockTwits Follow Abnormal Returns on StockTwits Follow Abnormal Returns on Twitter Follow StockTwits on Facebook Subscribe to Abnormal Returns RSS via Email Subscribe to Abnormal Returns RSS
  • Recent Posts

  • Archives

  • Join StockTwits
  • Get Updates!

    100% Privacy. We don't spam.