The world didn't end this weekend, but for markets, the sky is ominous. A global selloff is damaging markets Monday, with worries about Greece, and now Italy, cutting in to investor confidence.
The latest chapter in the European debt crisis: S&P cut its outlook on Italian debt amid growth and reform fears. One nation after another in the Eurozone is causing angst in these "not normal times," once again showing that the world's markets are more interconnected and reliant on each other than ever. That reality will no doubt be discussed later this week at the G8 meeting in France.
Meanwhile, after a stunning IPO debut last week, analysts are busy analyzing LinkedIn's (LNKD) value. The debate continues as to whether the stock is a harbinger of the Internet bubble's second coming or simply some investors' biggest missed opportunity in years.
For now, read on, and happy -- and safe -- trading.
ON THE BLOGS
* At LinkedIn's Valuation, Apple Would Be Worth $3 Trillion — WSJ's Deal Journal
* A Losing Bet: The End of the World — Barry Ritholtz, The Big Picture
* 2 Technical Trends That Worry Richard Russell — Pragmatic Capitalism
* No Easy Escape From Greek Contagion — Seeking Alpha
* EddyElfenbein - $LNKD is getting CRUSHED this morning. It's only up 96% from its IPO price instead of 109%. YOUCH! $$
* smsearsBarrons - Where's the buy the dip chorus?
* bondscoop - CFTC Commitment of Traders report spec shorts rose to 150K in 10 yr futures contract, highest since August.
* MktAnthropology - indices have all lost their 50 day sma $$
IN THE HEADLINES
* Analysts Wary of LinkedIn's Stock Surge - NYTimesRead More »from Monday’s Stocks to Watch, Analyst Actions and Trading Topics