Book review: Wall Streeters: The Creators and Corruptors of American Finance by Edward Morris is for “Experienced Wall Streeters will enjoy this book. Students of finance should be required to read it.”  (Reading the Markets)

Quote of the Day

"Whether it’s the lotto or the stock broker or the fantasy sports leagues or Las Vegas, someone is always ready to take advantage of your desire for a free lunch. The sooner you start picking up the tab for your own meals, the better off you will be."

(Barry Ritholtz)

Chart of the Day

The market turnaround illustrated through the number of stocks above their 50 day moving average.