The Takeaway: Merrill’s profit skyrockets

Portfolio

Frank Holmes (US Global Investors): Most investors underestimate the markets and themselves. (Business Insider)

Analyst picks semiconductor sector for 2013, here are some ETFs to play the space: (Focus On Funds)

Sell-side is still too bearish on stocks. (The Big Picture)

Target date funds got the job done last year. (Morningstar)

The Biz

Merrill Lynch profits more than double to $578 million while revenue climbed 6.3 percent to $4.2 billion. (Baltimore Sun)

How about brokerage dispute mediation by telephone? (Advisor One)

The ETF turns 20 years old this month. A look at its rapid ascent. (Rick Ferri)

Outliers

Citigroup Goal Is To Stop Shareholder Capital Destruction – This is Not a Joke (Kid Dynamite)

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Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.