Investor sentiment is still pretty bullish.  (Pragmatic Capitalism)

A potential divergence between breadth and the S&P 500.  (Trader’s Narrative)

On the myth of corporate cash hoards.  (Marketwatch)

The zen of relative strength.  (Systematic Relative Strength)

Looking to technology stocks for dividends. (Bloomberg)

How to hedge against the downside of the correlation bubble.  (Barron’s)

Given the strength in the emerging markets, no surprise that Brazil continues to attract attention from investors.  (A Dash of Insight)

On apartment REIT outperformance.  (VIX and More)

Byron Wein, “Size is the enemy of performance.”  (Fortune Finance)

What would a Microsoft (MSFT)-Adobe (ADBE) merger look like?  (Dealbook, asymco, GigaOM, TRB)

Bill Ackman is now interested in JC Penney (JCP).  (Market Folly, WSJ)

Southwest (LUV):  a good company in a bad industry.  (YCharts Blog)

A look at how the Alaska Permanent Fund invests.  (Random Roger)

What does it mean to ‘rip through the charts‘?  (SMB Training)

What is Alcoa (AA) saying about global commodities demand?  (Money Game)

Oil is set to move beyond OPEC’s “comfort zone.”  (Economist)

Using TIPS to gauge the potential for deflation.  (macroblog)

Foreclosure-gate could hurt home sales.  (Clusterstock also WashingtonPost, FT Alphaville, Lex, Felix Salmon)

John Carney, “Consumer spending went away because it had been built on a mistake.”  (NetNet)

Still no turn in the labor market according to the monthly jobs number.  (BloombergNYTimes, EconomPic Data, Atlantic Business, Planet Money, Calculated Risk)

All eyes turn to state and local governments as they continue to shed jobs.  (Money Game, The Stash, Ezra Klein, EconomPic Data, FT Alphaville)

Rail traffic remains steady.  (Carpe Diem)

The cunning nature of the ‘40% rule.’  (Real Time Economics, FT Alphaville)

By what standard should we judge TARP?  (Felix Salmon, Crossing Wall Street)

Fed officials keep yammering about ‘shooting for inflation.’  (Reuters contra Real Time Economics)

What will the policy mix of tighter fiscal policy and easier monetary policy mean for markets?  (Gavyn Davies)

Economic growth after financial crises is often disappointing.  (Economist)

World economic growth in one chart.  (Atlantic Business)

The falling dollar is making the world a tad uneasy.  (WSJ, Lex, Fundmastery Blog)

China catches an upgrade.  (FT Alphaville)

60 Minutes is going to talk about high frequency trading this weekend. (The Reformed Broker also Big Picture)

Henry Blodget interviews Jim Grant.  (Business Insider)

An interesting look at trends in the financial blogosphere.  (Data Diary)

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