Quote of the day

Wade W. Slome, “Rather than chasing bubbles and nervously fretting over sensationalistic headlines, you will be better served by devoting your attention to the creation of a globally diversified investment portfolio.”  (Investing Caffeine)

Chart of the day


Crude oil prices had been falling prior to any Iran deal.  (chessNwine)


A surge in earnings is the best hope for the stock market.  (Business Insider, Unexpected Returns)

Retail investors are back. What next?  (The Reformed Broker)

A long-term positive signal for equities.  (Charts etc. also Crossing Wall Street)

The stock market often trades near its all-time highs.  (Pragmatic Capitalism)

2013 has been a rough year for most short-sellers.  (MoneyBeat)


Are long-term gains just an illusion?  (Price Action Lab)

Why are financial firms excluded from most financial studies?  (Turnkey Analyst)


The first rule of Silicon Valley is do NOT talk about bubbles.  (Bits)

Is the great web rally of 2013 running out of steam?  (Pando Daily)

Uber is looking to make it cheaper for drivers to expand their fleets.  (TechCrunch)

When will there be 1 billion iOS devices in use?  (Asymco)

23andMe gets a nastygram from the FDA.  (Bloomberg)


Why investors should look for investment teams with more diversity.  (FT)

Advisors are looking to bring hedge fund strategies in house.  (Institutional Investor)

Business TV

A big financial TV survey.  (Business Insider)

There is no winner in the business TV wars.  (THR)


Why do mutual fund complexes release data to select investors?  (Chuck Jaffe)

2013 has not been a good year for the average hedge fund.  (Business Insider)


What next for oil now that an interim deal has been reached with Iran?  (WashingtonPost, FT Alphaville)

Cheap collaboration has extended the period of innovation.  (FT Alphaville)

Cheap natural gas is making a global LNG market a reality.  (FT)


Ignore the Black Friday hype.  (Barry Ritholtz)

Why the Fed is not unhappy to see a rising term premium.  (Gavyn Davies)

Corporate profit margins are so high so why isn’t there more capital investment?  (Humble Student)

US economic momentum is still positive.  (Capital Spectator)

Earlier on Abnormal Returns

What you may have missed in our Sunday linkfest.  (Abnormal Returns)


What Bitcoin gets right.  (Business Insider)

The seedy side of Bitcoin’s origins.  (Chart Girl)

Some first hand experience trying to obtain Bitcoins.  (FT Alphaville)

There are alternatives to Bitcoin.  (Dealbook)

The psychology of Bitcoin.  (Random Roger)

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.