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


Want to know where analyst estimates are headed? Just check out the ISM survey. (Long Short)

Markets are betting on a housing recovery.  (Sober Look)

Flash crash, redux

Market dislocations often create opportunity..unless those trades get cancelled.  (Kid Dynamite , ibid)

More on the Knight Trading ($KCG)-induced trading debacle.  (WSJ, Reuters, MarketBeat, Sober Look)

The Fed

How the Fed’s statement changed.  (Real Time Economics, WSJ)

The bar to further QE is higher than currently thought.  (Tim Duy also Econbrowser)

Deceptive data

When some big names get a simple statistic wrong: what is Facebook’s ($FB) market cap?  (Henry Blodget)

CDS spreads don’t always reflect the underlying reality.  (Aleph Blog)

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