Here are seven (or so) links at 7AM Eastern. Good luck out there today.
Chuck Jaffe, “Expert advice — in the form of names and ticker symbols kicked out in seminars, articles or on television — come with a disconnect. There’s enough information to trade on, but not necessarily enough to invest with, and the most important thing is what happens after you follow up on a tip.” (Marketwatch)
Back to basics: what Dow Theory says now. (Chris Perruna)
High volatility, like that seen recently, has led to higher markets down the road historically. (Pragmatic Capitalism)
Should you be worried by relative Nasdaq weakness? (Mark Hulbertert)
Yelp files for an IPO. (Term Sheet, Dealbook, WSJ)
Spain is the next contestant in the Eurozone crisis. (FT, ibid)
Emerging market banks have been dragged down along with developed world banks this year. (beyondbrics)
The Fed is not “out of ammunition.” (Real Time Economics)
A profile of James Altucher, “Wall Street’s Keeper of the Pain.” (Businessweek)
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