Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Where are we in the three stages of bull markets.  (Ivanhoff Capital)

Where did all the ETF volume go in January?   (FT)

Even after a rally investors are still underinvested in stocks.  (Doug Kass)

The biggest, best performing hedge fund you have never heard of.  (Pension Pulse)

Tough times for the big, premium financial data providers.  (Forbes)

A Glencore-Xstrata deal would create “a new breed of super-miner.”  (WSJ, FT, Breakingviews)

How low can natural gas prices go?  (WSJ)

The Fed cannot guarantee a decent return for savers.  (A Dash of Insight)

Just in case you need a reminder mortgage rates are at record lows.  (Calculated Risk)

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