Hot Links: Ingenius Scheme

Stuff I’m Reading this Morning…

Michael Harris: The S&P could be forming a reverse head-and-shoulders pattern leading to a four-year high in stocks…but:  (PriceActionLab)

Are high corporate profits here to stay?  Bob Doll versus Jeremy Grantham in an epic battle to the death, replete with fists dipped in glue, then broken glass.  (Bloomberg)

Goldman: Get out of China stocks.  (beyondbrics)

How would a French bond ratings cut, which might be imminent, affect the markets?  (Overheard)

The Facebook IPO is looking $10 billionish for a total valuation of $100 billion, sources say.  (Bloomberg)

Bruce Bartlett whales on Newt Gingrich, Congress.  (Economix)

Credit Suisse: Buy high dividend stocks with good operating cash flows.  (PragCap)

At least the equity guys come up with an ingenious scheme before they steal from you, these commodity MFs are a whole different story.  (TBP)

5 things James learned from sci-fi writer Isaac Asimov.  (AltucherConfidential)

“Jon Corzine bet $11.5 billion on European sovereign debt at MF Global, almost twice the net amount disclosed to investors”  (Bloomberg)

David Merkel on yesterday’s face-ripping rally: Curb your enthusiasm.  (AlephBlog)

Don’t miss my daily linkfest for financial advisors, live now!  (WSJFA)