If you haven’t done it already think about signing up for our daily e-mail, thousands of other Abnormal Returns readers already have.

Quote of the day

Barry Ritholtz, “All trades eventually end. The question I have for you is “Do you want your portfolio to end with them?””  (Big Picture)

Chart of the day


Skeptics aside, Microsoft ($MSFT) is ripping higher.  (MoneyBeat)


How much longer can defensive stocks lead?  (Afraid to Trade)

Americans are still very fearful of stocks.  (Chuck Jaffe also Bespoke)

Stock correlations are on the rise.  (MoneyBeat)

The horror show that is the $VXX.  (MarketSci Blog)

Silver is not following gold’s bounce.  (Humble Student also Crossing Wall Street)

Why didn’t the gold lease rate spike?  (Charts etc.)


Investment choice is a two-edged sword.  (Above the Market)

Do stock trading contests fetishize risk?  (Globe and Mail)


On the parallels between Apple ($AAPL) and the Fed.  (Reuters)

The iPad IS Apple’s next big thing.  (Slate)

Apple is the new Microsoft ($MSFT).  (Quartz)

On the huge gap between Amazon and Apple’s valuations.  (Dealbook)

Why Amazon ($AMZN) wants to built its own set top box.  (BW)

What is Alibaba worth?  (Breakingviews)


How Twitter analytics companies reacted to the AP fake tweet.  (Reuters, WSJ, MoneyBeat, Fast Company)

Companies are still (slowly) embracing Twitter as a disclosure tool.  (WSJ)


Fred Wilson, “So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.”  (A VC)

Can the 20% down mortgage become the standard once again?  (Dealbook)

Behind the lawsuit against Jon Corzine, former CEO of failed MF Global.  (Dealbook)


iShares is going low-cost in its approach to active equity ETFs.  (IndexUniverse)

Pimco dominates active ETFs.  (ETF Trends)

PIMCO is becoming less dependent on Bill Gross.  (Bloomberg)

An equal-weighted S&P 500 hasn’t outperformed a midcap ETF.  (Focus on Funds)


Periphery yields are still coming down.  (Sober Look, WSJ)

Euro junk yields are at all-time lows.  (FT)

Why is the Swiss franc falling?  (MoneyBeat)


Weekly initial unemployment claims declined.  (Calculated Risk)

Inflation expectations are falling.  (Capital Spectator)

Everything you know about the Fed is wrong.  (Marketwatch)

One of these days the digital revolution is going to kick education and health care in the pants.  (Slate)

About that shortage of STEM graduates.  (WashingtonPost contra MR)

Mixed media

LEDs have fundamentally changed the way we think about lighting.  (NYTimes, Time)

AV cables and wires may be a thing of the past.  (Babbage)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.

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.