Quote of the day

Jason Zweig, “In short, what you think about Keynes as an economic theorist should have nothing to do with the question of how good an investor he was.”  (Total Return)

Chart of the day

Consumer staples are breaking out.  (StockCharts Blog)


Howard Lindzon, ‘The markets are insane, hilarious, wonderful, unexpected and impossible wrapped up in magic, bullshit, pain, denial and glee.” (Howard Lindzon)

In the short/intermediate the stock market do whatever it darn well pleases. (Market Folly)

Wall Street strategists want no part of this rally.  (Bloomberg)


Dividends are making a comeback.  (Crossing Wall Street also Marketblog)

Dividend stocks: just another low-beta play.  (Big Picture)

Some execs accrue dividends even when they don’t own the shares.  (footnoted)


As China goes, so goes commodities.  (TheArmoTrader)

Why gasoline prices are likely to continue rising.  (Bespoke)

Where is Norway putting it’s oil money?  (Finance Addict)

 The two silver bubbles in perspective.  (research puzzle pix)


Not every trade can be executed with plain vanilla instruments.  (Condor Options)

Options: “where traders, often possessing diametrically opposite investment objectives, come together to play.”  (Tyler’s Trading)


Looking for the middle ground in a market of extremes.  (Marketwatch)

Gimmicky price targets are back.  (The Reformed Broker)

Why can’t hedge funds beat a 60/40 mix?  (ETF Replay)


It’s back…the premium on $TVIX is creeping back up.  (VIX and More also Adam Warner)

A serious misalignment of interest when it comes to loaning out ETN shares.  (IndexUniverse)

Financial advisers

A few things to ask your not-so-independent financial adviser.  (Bucks Blog)

Titles don’t mean much when it comes to financial advisers.  (I Heart Wall Street)

Financial advisers are overselling their skills.  (Rick Ferri)


Expect more insider selling at Zynga ($ZNGA).  (Fortune)

Netflix ($NFLX) has a bit of competition problem.  (MarketBeat)

Can Dropbox live up to the hype?  (WSJ)

Big data is reading the news.  (TechCrunch)

Carriers are once again laying down fiber optic cable.  (WSJ)


Is the JOBS Act going to lead to more Groupons ($GRPN)?  (Andrew Ross Sorkin)

How Groupon got into this accounting mess.  (Felix Salmon)

Henry Blodget says Groupon “investors” were warned.  (SAI)


What will it take to get money out of the banks and back into money market funds?  (FT Alphaville)

Don’t try this at home kids: the CFTC sues RBC over a scad of “wash sales.”  (WSJ, FT)

Why financial products can’t be regulated like pharmaceuticals.  (Free exchange)

How the JOBS Act might have exposed Madoff earlier.  (Falkenblog)

Goldman Sachs ($GS) is on track to get sued about another mortgage bond deal gone bad.  (Fortune)

Where are we in the bank re-regulation cycle?  (Huffington Post)

Would you want Carl Icahn to run your company?  (Justin Fox)


Americans keep on buying cars.  (WSJ)

The DJ Economic Sentiment Indicator is pointing up.  (Real Time Economics)

The case for overdoing stimulus.  (Bloomberg also Free exchange)

Has labor market growth finally back to where it should be?  (Econbrowser also Liberty Street Economics)

Earlier on Abnormal Returns

Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere is now available for the Kindle. Check it out.  (Abnormal Returns)

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

Financial illiteracy and the role of the financial blogosphere.  (Abnormal Returns)

Mixed media

Steven Sears’ The Indomitable Investor is for long term, patient investors.  (Aleph Blog)

Boiler rooms and the world of Josh Brown’s Backstage Wall Street.  (Kid Dynamite)

Talking the best online brokers with Blain Reikensmeyer.  (Tradestreaming)

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

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.