Quote of the day

Carl E. Walter, “In short, [Chinese] banks are passive entities that absorb all the credit, interest and market risk involved in the government’s policy decisions.”  (Economix)

Chart of the day

Asset class performance to start the year.  (StockCharts Blog)

Video of the day

How the “most dangerous sports bettor in Nevada” plays the game.  (60 Minutes also net//worth)


If Shanghai is a bellwether, the rest of the world should be nervous.  (Pragmatic Capitalism)

A look at the week ahead for the market.  (A Dash of Insight)

Checking in on equity market sentiment.  (The Technical Take)

A one minute version of the 2011 Barron’s Roundtable.  (Money Game, ibid)


High overhead is a killer for an independent trader.  (Minimalist Trader)

On the value embracing conflicting ideas (and chaos) in your trading.  (RemixTrades)

A primer on Fibonacci numbers and the market.  (Dragonfly Capital)

How StockTwits can make you a better (and more sane) trader.  (MarketShot)


Reactions to the news that Steve Jobs is taking an ‘indefinite medical leave‘ from Apple.  (NYTimes, SAI, ibid, Apple 2.0, , Crossing Wall Street, Digits)

This news will affect the stock price of Apple (AAPL).  (CNNMoney)

Just in case you didn’t think apps were a big deal.  (Asymco)


Goldman Sachs (GS) is now only going to offer Facebook shares only to off-shore customers.  (WSJ, Dealbook)

Bigger isn’t necessarily better in private equity.  (FT Alphaville)

Is Citigroup (C) finally out of the dog house?  (Street Sweep)

All hail the ETF price war.  (WSJ)


BP (BP) is doubling down on Russia despite the risks.  (FT Alphaville, Streetwise Professor, The Source)

The conundrum facing Canada’s central bank.  (Globe and Mail)

Why the divergence between emerging markets and commodities?  (Humble Student of the Markets)

It’s hard to keep track of the all the emerging market acronyms.  (FT Alphaville, beyondbrics)


Did the great home equity withdrawal affect spending, or not?  (Money Game)

More on the rise in farmland values.  (Indiana Grain Co.)


Why is Seeking Alpha going to start paying its contributors?  (Felix Salmon)

Why bloggers quit.  (Crain’s Chicago)


Who knew?  The immune system can”influence our moods, memory and ability to learn.”  (New Scientist)

Everybody lies.  (Altucher Confidential)

Thanks for checking in with Abnormal Returns. For all the latest you can follow us on StockTwits and Twitter.

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.