Book recommendation: Jesse Livermore Boy Plunger: The Man Who Sold America Short in 1929 by Tom Rubython is the best book on the legendary trader.  (Aleph Blog)

 

Quote of the Day

"Everyone giving investment advice has some conflicts of interest, no matter how he charges. And no amount of regulation can exempt you from the responsibility of being a skeptical and attentive investor."

(Jason Zweig)

Chart of the Day

How the stock market performs before and after big drops and rallies.

(crossingwallstreet.com)