Quote of the day

Eli Radke,Experience does not mean you do not have to do the work, it means that the work pays more dividends.”  (Trader Habits)

Chart of the day

The Dow moves into the “red cloud.”  (StockCharts Blog)


Random government intervention makes handicapping the markets difficult.  (Kid Dynamite)

Example #521:  outsmarting the market is hard.  (CBS Moneywatch)

Where did all the stock gurus go?  (Moneywatch)

Semiconductors are rapidly reaching a key level.  (All Star Charts)

The end of portfolio diversification:  the case of oil.  (FT Alphaville)

Brent crude gets a boost in the Dow Jones-UBS indices.  (FT)

How long can TIPS yields essentially at 0% yields.  (Calafia Beach Pundit)


Notes from the Big Picture Conference.  (Stock Sage)

Why traders should learn to program.  (Bigger Capital)

Roger Nusbaum, “Broken or not this is world we live in.”  (Random Roger)

The opportunity in the E&P names.  (Breakingviews)


Shorting the $VXX is not as easy at it seems.  (Adam Warner)

Another look at recent market volatility.  (AlphaTrends)

A look at the “volatility compression.”  (Adam Grimes)

Tired of trading the same old stuff?  Try trading realized volatility.  (Points and Figures)


HP ($HPQ) is rethinking spinning off its PC business.  (WSJ, 24/7 Wall St.)

Wal-Mart ($WMT) is rallying.  Is that a good or bad thing?  (Fund My Mutual Fund)

A long look back at PepsiCo ($PEP).  (Crossing Wall Street)

Groupon and Zynga should have gotten their numbers right before filing for IPOs.  (Dealbook, BI)

Benford’s law and the decreasing reliability of US accounting data.  (Studies in Everyday Life via EV also Marginal Revolution)


Wall Street still does not understand Apple ($AAPL).  (Apple 2.0)

What is next for Apple?  (Matt Mullenweg via Om)

What to look for in iOS 5.  (SplatF)


Check out the decline in financial CDS prices.  (SurlyTrader)

The poor track record of companies in buying back their shares.  (WSJ)

What it takes to be a systematically important non-bank these days.  (NYTimesFT, MarketBeat)

Why it takes longer to bring an actively managed ETF to market.  (Ignites)

Do investors really care where their hedge fund gets its hires?  (Dealbreaker)

Do we really want whistleblowers to get really rich?  (Felix Salmon)


The world economy in one graphic.  (Money Game)

Diesel fuel consumption continues to wane.  (Calculated Risk)

A look at recent JOLTS data.  (Economic Intersection. Economix)

Are workers too productive?  (The Atlantic)

If a recession is nigh, policy makers have no chance of averting it.  (Economist’s View)

Earlier on Abnormal Returns

Setting return expectations in an age of single digit returns.  (Abnormal Returns)

What you missed in our Wednesday morning linkfest.  (Abnormal Returns)

Mixed media

On the importance of content for e-commerce.  (SplatF)

A rave review for Daniel Kahneman’s new book, Thinking, Fast and Slow.*  (Marginal Revolution)

Abnormal Returns is a founding member of the StockTwits Blog Network.

*Amazon affiliate.  You know the drill.

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.