Despite skepticism about individual stock momentum, Gary Antonacci still recommends Wes Gray and Jack Vogel’s new book Quantitative Momentum. (Dual Momentum)
Quote of the Day
"We learn by absorbing the wisdom and experience of masters and then by integrating that learning into our own, unique style. We can deliberately choose to be different by exposing ourselves to different talent and ideas."
(Brett Steenbarger)
Markets
- Temp staffing is falling off. Rough times ahead for the economy and stock market? (thefelderreport.com)
- Investors are still yanking money out of stock funds and putting it into bond funds. (thereformedbroker.com)
Strategy
- Why value and momentum can both work. (awealthofcommonsense.com)
- Dumb beta swamps smart beta in the new factor ETFs. (abwinsights.com)
Offers
- Fill your house with Alexa. Order 6 Echo Dots and one is free. (amazon.com)
- The Great One, Wayne Gretzy, has penned a memoir "99 Stories of the Game." (amazon.com)
- Amazon Prime Student is a lifeline for college kids. Get the first six months free! (amazon.com)
Companies
- Apple ($AAPL) should buy Netflix ($NFLX). (stratechery.com)
- Merger Monday redux, CenturyLink ($CTL) to buy Level 3 ($LVLT). (fortune.com)
Finance
- Goldman Sachs ($GS) is trying to become more a platform company. (wsj.com)
- P2P investors on "auto-bid" should take note. (ftalphaville.ft.com)
- Stop-loss orders have become a liability in the forex markets. (wsj.com)
Funds
- Blackrock ($BLK) and Vanguard still sit atop the list of the world's biggest asset managers. (ft.com)
- Ultra-short term bond ETFs should benefit from rising short term interest rates. (etf.com)
Global
- Demographic changes may have permanently lowered growth, inflation and interest rates. (ft.com)
- Global reflation is, at best, a spotty affair. (ft.com)
Earlier on Abnormal Returns
- Research links: discounted DCFs. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
