“Two of the main arguments against stocks right now are that the market has gone too far too fast, and insiders are selling.  When you look past the headlines, however, both arguments lose much of their impact.”  (Bespoke)

Insiders are selling their company shares at a pace not seen in two years, providing further evidence that the recent stock-market rally may be coming to an end.”  (MarketBeat)

Keeping an eye on the % of stocks above their 40 day moving averages.  (Trader Mike)

Liquidity becomes a key concern for endowments like Harvard.  (WSJ also greenfaucet)

Three mistakes traders must avoid.  (Wall St. Cheat Sheet)

You’re going to lose money.  Deal with it.  The real goal of trading is to make sure your losers don’t mortally wound your portfolio.”  (The Pragmatic Capitalist previously Abnormal Returns)

“I do agree that the 2x and 3x funds are problematic. But the biggest issue to me is that they hosed investors who bought and held and didn’t fully understand them.”  (Daily Options Report)

Peru gets its very own ETF the iShares MSCI All Peru Capped Index (EPU).  (IndexUniverse)

To fight contango, a twelve month version of the United States Natural Gas Fund (UNG) is coming.  (IndexUniverse)

Using monetary policy as a basis for asset allocation decisions.  (Barron’s)

Does a full moon have any effect on the stock market?  (Atlantic Business)

Tough to find any sort of day-of-the-week anomalies.  (CXO Advisory Group)

What ETFs are in your toolbox?   (Abnormal Returns)

Given his pay, Mario Gabelli should be crushing the market, right? (Dealbreaker)

The state of asset management M&A.  (TheDeal)

Quite a start for a Buffett-related investment firm.  (FT)

I hate that the media needs to explain EVERY market move. And yesterday’s explanation was flat out ridiculous.”  (EconomPic Data)

If the notion of the “rational market” is a myth, what comes next?  (Dealscape)

The market may be buffeted by strange forces, but those people who claim to be able to earn fortunes by understanding those forces are more likely to be charlatans than those who argue for the continuing relevance of the Efficient Markets Hypothesis.”  (Economix also Free exchange)

“We need to disengage from a financial sector that has become unsustainably large..”  (Baseline Scenario)

Deflationary themes are back in vogue.  (Clusterstock)

How will the Fed withdraw its support from the markets?  (Breakingviews)

Home inventories are trending down.  (Calculated Risk)

Inflation rates in 77 countries.  (Bespoke)

The ECRI weekly leading index is up nine weeks in a row.  (Carpe Diem)

“One thing though is sure: the scale of the collapse in private financial flows the experienced during this crisis is entirely unprecedented.”  (Brad Setser)

The saving glut did not “cause” the current economic and financial crisis; that is largely a result of our own policy errors on macro and regulatory policy of our own making.”  (Econbrowser)

Giving Cramer credit for being one of the first bloggers.  (Infectious Greed)

Congratulations to Bill Luby on a noteworthy blogiversary.  (VIX and More)

Can Netflix (NFLX) make the transition from DVDs to online?  (WSJ)

Apple (AAPL) may be one of the most secretive companies out there.  (NYTimes, Silicon Alley Insider)

Should steroid users be excluded from the baseball Hall of Fame?  (Hit & Run)

Abnormal Returns is the inaugural member of the StockTwits Network.

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