- The DOW closed at another new high in case you were wondering. Of course it did. Why would it do anything else? I like this skeptical quote from Yahoo Finance: Even though the Dow closed at a new all-time high, there was little conviction on the part of buyers Tuesday as the major averages struggled to stay in the green going into the close. Not exactly wildly bullish comments. I'd expect something more frothy, but maybe this reflects the wall of worry and disbelief by those who are not participating in the rally.
- So most in the world believe that North Korea should be "punished" for testing a nuke. BUT WHAT? Military action has been ruled out by the UN main members. Millions of people are starving in North Korea, so economic sanctions would further punish the people. Tony Blair said, "The other tragedy about North Korea is what is happening to the people there," he said. "The people live in virtual starvation, almost a form of political oppression that's akin to slavery. And meanwhile they spend billions of dollars on a nuclear weapons program."
- Cola consumption linked to weaker bones in women. ...women who consumed cola daily had lower bone mineral density (BMD) in their hips than those who drank less than one serving of cola a month. Didn't seem to affect men. And yes, there is a "stronger bones in men" one-liner in here somewhere, if someone wants to put in the effort.
- Jason on the The Bull at 4 discussing the 4 year anniversary of the bull market. Good job!
- Sacramento home flippers in trouble! A blog about homes currently on the market for sale priced less than the previous sale.
- Meanwhile, on the other side of the globe, lets not forget about sanctions for Iran. Pesky Empire of Evil countries...
- I continue to try to learn more about trading small caps. Not quite there. I like my Black Box for big caps and ETFs. Seems to work well enough. Totally tragic with the small caps and I think the reason is volatility and thin trading on some names. So working on that in between cartoon animations.
- Is it the fund manager or the fund company? Read Hulbert. Of course, I'd argue that fund size may be critical, too. Large funds may have a tough time trying to beat the index because they have so much money invested in them.
