We now have both of these indexes within spitting distance of their November highs. It will be interesting if the markets remain like this into the FOMC meeting announcement tomorrow. Also how much of the fiscal cliff "solution" is being baked into the cake. We shall see in the coming weeks.
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/index.php/the-fund/holdings