Persistent uptrends

Shaza sent this from Abnormal Returns and the Chart from Calculated Risk


Quote of the day
Rob Hanna, “A theme I have found in my research is that persistent uptrends rarely end abruptly.”  (Quantifiable Edges)
Chart of the day
ISMFeb2011 Tuesday links:  persistent uptrends
The February ISM Manufacturing Index shows continued growth.  (Calculated Risk alsoEconomPic DataMarketBeat)
Markets
Are economic releases behind the strong first day of the month effect?  (Bespoke)
Volatility derivatives as a source of volatility.  (FT Alphaville)
Gold has quietly rallied back to its recent highs.  (Bespoke)
Strategy
What one TAA model is saying.  (MarketSci Blog)
Dow 36,000:  what went wrong?  Everything, including the theory.  (Marketwatch)
What neuroscience tells us about the “steps to mastery.”  (SMB Trainingibid)
Some lessons learned when it comes to managing other people’s money.  (The Minimalist Trader)
Berkshire Hathaway
A critical look at Berkshire Hathaway (BRKB) and its ultimate risks.  (Aleph Blog)
A Buffett shopping list.  (WSJ also market folly)
Buffett is a bull on America, our exports that is.  (Curious Capitalist)
Warren Buffett fancies himself an options expert.  (Musings on Markets)
Companies
The insider trading scandal reaches Goldman Sachs (GS).  (DealbookTerm Sheet)
What effect would having to collect sales tax have on Amazon (AMZN)?  (Atlantic Wire)
Why JP Morgan (JPM) chose Chris Sacca as their guide to the social media landscape.  (Dealbook)
Microsoft (MSFTwon’t have a viable tablet until 2012.  (SAI)
Why would you want to own an airline in a time of rising fuel prices?  (Confessions of a Macro Contrarian)
Funds
FocusShares looks to set some new lows in ETF pricing.  (IndexUniverse)
Are ETFs settlement failures something to worry about?  (FT AlphavilleIndexUniverse)
Bummer. FundAlarm.com is shutting down.  (FundAlarm)
Global
Japan’s equity market has garnered inflows as investors pull back from the emerging markets.  (FT Alphaville)
Egypt’s stock market is NOT reopening this week.  (beyondbrics also ETFdbRandom Roger)
A Middle East divergence.  (Money Gameibid)
The Swedish krona and the benefits of staying out of the Euro.  (The Source)
Price-to-rent ratios continue to rise in Australia.  (Free exchange)
Economy
Some questions for Ben Bernanke.  (Pragmatic Capitalism)
Manufacturing activity by country.  (Real Time Economics)
Earlier on Abnormal Returns
Checking in on the state of the bond market.  (AR Screencast)
Our Tuesday morning live link look-in.  (Abnormal Returns)
Jeff Matthews talks about the market, Apple (AAPL)Berkshire Hathaway and Sears Holdings (SHLD).  (Abnormal Returns)
Errata
What to expect from litigation surrounding Michael Lewis‘ The Big Short.  (naked capitalismFelix Salmon)
Debunking the five-second rule.  (NYTimes)
The VW Bus is back!  (Carpe Diem)
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