Holiday book alert. Get 25% off any book at Amazon including: Being Right or Making Money by Ned Davis which is a worthy addition to your library according to Reading the Markets.

Quote of the Day

Passive investing is not in the truest sense passive anyway. Even passive investors have to make choices about what assets to include in their asset allocation and how to construct a portfolio that matches their risk tolerance.

(Sigmund Holmes)

Chart of the Day

Hard to call this anything but a crash. (ETF)