Adam Warner at the Daily Options Report has identified a top for the exchange stocks.
Eddy Elfenbein at Crossing Wall Street on the return (and disappearance) of daily market volatility.
Mark Hulbert at Marketwatch.com on the recent performance of the seasonality timing model.
Jenny Anderson in the New York Times on the many ways leverage works its way into hedge fund returns.
John Carney at DealBreaker.com collects a handful of links looking at Kirk Kerkorian’s public bid for Chrysler.
Felix Salmon on who is going to lose money in the New Century bankruptcy.
Anecdote alert! Investors are piling into new closed-end funds that are “manufacturing yield.” (via WSJ.com)
Christopher Sahl at TheStreet.com on the difficulty in finding bargains in the world of closed-end funds.
Curtis M. Faith at Way of the Turtle identifies “four levels of competence” and what that means for how you should manage your money.
Brett Steenbarger at TraderFeed on the parallels between trading and poker.
Trader’s Narrative on the challenges of “trading blog accountability.”