My afternoon train reading:
• Technical Traders: Up, Up and Away? (WSJ)
• Is the Stock Market Voting for Obama? (Marketbeat) But see Why Wall Street Turned Against Obama (The Atlantic)
• Abundant Natural Gas and Oil Are Putting the Kibosh on Clean Energy (Wired)
• S&P 500 Climbs to Four-Year High as ECB Details Bond Plan (Bloomberg) see also The Remarkably Small Costs of Quantitative Easing (Peterson Institute)
• Why millionaires invest with passive ETFs (MarketWatch)
• Private Equity: The Mechanics of Intellectual Capture (Naked Capitalism)
• “Ready steady slow”: time slows down when we prepare to move (Discover Mag)
• Obama’s First-Term Report Card (NYT) see also Obama’s Thursday Night Secret About Jobs (WSJ)
• 5 apps every trader should have (Total Trading)
• Tigers Take the Night Shift to Coexist With People (Social Daily)
What are you reading?
Among Mutual & Hedge Funds, evidence of excess caution
Source: WSJ
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