Book notes: Wes Gray, Jack Vogel and David Foulke’s most recent book, DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth should have a “permanent place” on your financial bookshelf. (GestaltU)

Quote of the Day

"Any product that pays the salesman a commission or concession exceeding 7% cannot possibly be good for the investor who buys it."

(Josh Brown)

Chart of the Day

The S&P 500 hasn’t been this far above its 50-day SMA since February 2012. (@michaelbatnick)