Quote of the day

Robert Shiller, “So land manias have been rather infrequent, many decades apart. They suggest that the recent housing bubble is a similarly rare event, not to be repeated for many decades.”  (NYTimes)

Chart of the day

Chip Anderson, “The goal of any serious investor is to continually develop a set of signals that they trust and then use prudent money-management techniques to limit losses and profit from gains.”  (StockCharts Blog)


Equity market sentiment at week-end.  (Trader’s Narrative, The Technical Take)

Market breadth is still supportive of a further rally.  (StockCharts Blog)

Risk on/risk off seems to be easing as asset class correlations wane.  (ETF Trends)

This quarter there has been a 4.5% spread in one-day returns between companies that beat and those that miss earnings estimates.  (Bespoke)


Preferred stocks are hot.  Has everyone already forgotten the financial crisis?  (WSJ)

Howard Marks still can’t find any bargains.  (Deal Journal, Dealbook)

How can traders “turn negative energy into hyper focus“?  (SMB Training)


Who makes what in hedge fund land.  (market folly)

Russell is building indices based on a stock’s ‘stability.’ (IndexUniverse)

There is more to the emerging markets ETF horse race than EEM and VWO.  (IndexUniverse)


M&A activity is booming in 2011.  (Term Sheet)

Nasdaq (NDAQ) hacked.  Is this the wave of the future?  (WSJ, ibid)

Happy 40th birthday to the Nasdaq Composite.  (Crossing Wall Street)


Michael Pettis, “BRICs are a great marketing concept with which to sell emerging market paper, but the idea that they have the same global interests requires that you squint ferociously when you look at them.”  (china financial markets)

What has foreign exchange intervention accomplished for countries like Brazil?  (Real Time Economics)

Betting on (or against) China is still not as easy as it could be.  (WSJ)


There is nothing in the latest jobs report to dissuade you from thinking the economic recovery is ongoing.  (Econbrowser)

On the challenges of economic forecasting and the ongoing slow recovery in employment.  (Economist’s View)

Why the human genome project has made much progress in terms of medical outcomes yet.  (Michael Mandel)

Earlier on Abnormal Returns

Top clicks this week on Abnormal Returns.  (Abnormal Returns)

Financial blogging secrets revealed.  (Abnormal Returns)


How some topics on Twitter become popular and others don’t.  (NYTimes)

Close Super Bowls are a rarity.  (FiveThirtyEight)

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.