Not much new: In his press conference Obama did not budge from his tax plan. He maintained his idea of increasing taxes on those earning over $250,000. The market sold of slightly. Now, the challenge for the market will be to maintain momentum, without headline news.
Commodities seem to be back in favor. Oil as well as gold are up pretty big. It makes my inverse commodity ETF thought a little silly.
Added to positions. I added to GE, EEM, an Emerging Market ETF, UYM, a materials ETF. My small positions in TXT, TRN, BG and AA are having a great impact. Woulda, coulda, shoulda added to them too.
