Quote of the Day

"Investors love the idea of an uncorrelated asset but may not like the reality. Expectations are often for an uncorrelated asset to keep up in good times and act as a hedge in the bad times. Such an asset doesn’t exist."

(Bobby Blue and Erol Alitovski)

Chart of the Day

January has seen a surge in last hour selling. (via @bespokeinvest)

(twitter.com)