Archive for April, 2009

• Thursday links: trader's trap
  abnormalreturns, April 30th, 2009 at 1:33 pm, Comments: 0

  Don’t fall into the “trader’s trap” with leveraged ETFs.  (Afraid to Trade)
  Blog traffic indicates a fair amount of complacency building up out there.  (Big Picture)
  What can we learn about investor sentiment by analyzing the news?  (Real Time Economics, The Big Money, Bespoke)
  Five ways to build models with better risk-return characteristics. (MarketSci Blog)
  A closer look at [...]

• Wednesday links: lunch is for wimps
  abnormalreturns, April 29th, 2009 at 1:39 pm, Comments: 0

  Consumer discretionary and technology are experiencing a bounce above their 200 day moving averages.  (Bespoke also The Reformed Broker)
  Have “catch-the-falling-knife afficionados” given up on the natural gas play?  (Sentiment’s Edge)
  Do quant factors persist any more?  (Zero Hedge)
  Activist investing a casualty of the credit crisis.  If so, is that such a bad thing?  (Breakingviews)
  McDonald’s (MCD) excels [...]

• Wednesday links: lunch is for wimps
  abnormalreturns, April 29th, 2009 at 1:39 pm, Comments: 0

  Consumer discretionary and technology are experiencing a bounce above their 200 day moving averages.  (Bespoke also The Reformed Broker)
  Have “catch-the-falling-knife afficionados” given up on the natural gas play?  (Sentiment’s Edge)
  Do quant factors persist any more?  (Zero Hedge)
  Activist investing a casualty of the credit crisis.  If so, is that such a bad thing?  (Breakingviews)
  McDonald’s (MCD) excels [...]

• Tuesday links: macro conclusions
  abnormalreturns, April 28th, 2009 at 2:31 pm, Comments: 0

  A big jump in consumer confidence from three-year lows is usually a good sign for the stock market.  (Sentiment’s Edge)
  “It doesn’t take much in this environment to spark a relief rally coming out of earnings.”  (Breakout Peformance)
  Don’t underplay the importance of the beginnings of a bull market.  (Fundamental Insights)
  “Drawing macro conclusions from the performance of [...]

• Monday links: flu-like symptoms
  abnormalreturns, April 27th, 2009 at 12:37 pm, Comments: 0

  Overbought conditions and the risk of a stock market “spring failure.”  (TheStreet.com, Mish)
  Checking in on the state of investor sentiment.  (Trader’s Narrative, Technical Take)
  After quite a rally, insiders are selling.  (Big Picture)
  “The ‘long run’ isn’t everything, but it’s something, which is to say it’s relevant. Studying it, then, is productive.”  (Capital Spectator)
  Leveraged ETFs have several [...]

• Sunday links: junk stock surge
  abnormalreturns, April 26th, 2009 at 9:58 pm, Comments: 0

  Can”junk stocks” continue to lead the market rally? (WSJ.com also Fund My Mutual Fund)
  Did you blink? Stocks are now back trading near “fair value.” (Clusterstock)
  Stock market recoveries on average take around two years, the Great Depression some four and half years. (NYTimes.com)
  Does the McClellan Oscillator hold water in this market? [...]

• Sunday links: junk stock surge
  abnormalreturns, April 26th, 2009 at 9:58 pm, Comments: 0

  Can”junk stocks” continue to lead the market rally? (WSJ.com also Fund My Mutual Fund)
  Did you blink? Stocks are now back trading near “fair value.” (Clusterstock)
  Stock market recoveries on average take around two years, the Great Depression some four and half years. (NYTimes.com)
  Does the McClellan Oscillator hold water in this market? [...]

• Extraordinarily compelling evidence
  abnormalreturns, April 25th, 2009 at 8:44 am, Comments: 0

  Much of our linkfests are dedicated to providing readers with new investment ideas and concepts.  However we recognize that investing, contrary to appearances, is in fact difficult to master.  A post at Trader’s Narrative this week talks about the time and effort required to become an “expert trader.”  For most people the effort required is [...]

• Friday links: optimism and hubris
  abnormalreturns, April 24th, 2009 at 12:56 pm, Comments: 0

  “Optimism is one thing, but hubris that the world economy is returning to normal could hinder recovery and block policies to protect against a further plunge into the depths.”  (Economist.com also Market Movers)
  “Once we accept that economic progress is largely a matter of trial and error, with accidental successes catching on and bad ideas failing [...]

• Thursday links: financial-services industrial complex
  abnormalreturns, April 23rd, 2009 at 12:39 pm, Comments: 0

  “There is extreme danger in high-water marks.  You should absolutely ignore them.”  (Andy Swan)
  Beware the young, hotshot manager.  (Sentiment’s Edge also Don Fishback)
  What one ordinary investor finds after he gives up on the “financial-services industrial complex.”  (TheAtlantic.com via Street Capitalist)
  Ten reasons to avoid bank stocks.  (ROI)
  An exploration of the McClellan Oscillator.  (MarketSci Blog)
  The case for [...]