Quote of the day

Gatis Roze, “The bottom line is that trading has built into it a requirement for personal insight, brutal honesty and an ability to change – all driven by the present market conditions.  As John Templeton once advised, “Work at being humble.””  (StockCharts Blog)

Chart of the day

Corn plummets.  (FT)

Markets

Checking in on market valuations at new highs for the S&P 500.  (Musings on Markets)

About those new highs for the S&P 500.  (Mebane Faber Research)

VIX calls are calling investors looking for a market hedge.  (WSJ)

Strategy

5 rules of options trading.  (Barron’s)

What do you do when your strategies stop working?  (SMB Training)

Companies

Google ($GOOG) is testing out same-day delivery.  (SAI)

Finance

What kind of returns should the crowdfunding crowd expect?  (Term Sheet)

Should we really be favoring long-term shareholders?  (Dealbreaker)

The JOBS Act is still stuck in the gate.  (WashingtonPost)

Economy

Consumer spending continues to surge.  (Bloomberg, Capital Spectator)

Rail traffic is slowing.  (Pragmatic Capitalism)

Q4 GDI still not pointing towards a recession.  (Bonddad Blog)

Mixed media

On the growing mismatch between college graduates and the jobs awaiting them.  (The Daily Beast)

Why millenials are unwilling to pay for content.  (paidContent)

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