Book review: Higher Probability Commodity Trading by Carley Garner is not for novices. (Reading the Markets)
Quote of the Day
"You can’t predict what the markets will do, but you can prepare for what actions you will or won’t take during various market scenarios."
(Ben Carlson)
Markets
- Active managers are historically long. (twitter.com)
- The contrast between Facebook ($FB) and Twitter ($TWTR) stock could not be more stark. (financetrends.blogspot.com)
Strategy
- The challenge of dividends for the tax-aware investor. (fortunefinancialadvisors.com)
- A look at the lost decade and a half for stocks. (awealthofcommonsense.com)
- Don't buy what you don't understand. (fmdcapital.com)
- Why home bias is so pervasive. (pragcap.com)
Analysts
- Why can't technical and fundamental analysts get along? (blog.alphaarchitect.com)
- Most analyst learn by osmosis. (rp-pieces.com)
Offers
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Start a free-trial for Amazon Prime and get access to a wealth of video and music. (amazon.com)
- Mesh wi-fi is the new start of the art for home wireless internet. Check out eero now: (amazon.com)
Gender
- We will continue to be fascinated with female CEOs until there are more of them. (ft.com)
- The movie 'Equity' focuses on women on Wall Street. (theatlantic.com)
Companies
- How is Apple ($AAPL) planning to ditch the headphone jack? (daringfireball.net)
- Bose QuietComfort 35 Wireless Headphones are a premium wireless headphone option. (amazon.com)
Finance
- Carlyle Group ($CG) has plenty of dry powder. (bloomberg.com)
- Howard Marks of Oaktree ($OAK) on why there are so many mediocre hedge funds. (businessinsider.com)
ETFs
- Charles Schwab's ($SCHW) low cost ETF strategy is helping it gain share. (investmentnews.com)
- Canada's ETF industry is booming as well. (theglobeandmail.com)
- The ETF Deathwatch for July 2016 stands near 500. (investwithanedge.com)
Amazon Echo
Economy
- Why reliance on any single business cycle indicator is risky. (capitalspectator.com)
- Automation makes goods cheaper. (bloomberg.com)
- Beware the coming healthcare funding crisis at the state and local level. (ft.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
