Shiny Happy Forex Traders...

Whilst I'm definitely not going to be singing Shiny Happy People any time soon, I do feel a lot better after my weekly massage, even though my portfolio's -0.69% today.

It seems low beta is where the money's been headed today. Basically a lot of low beta stocks on my MarketCaster have seen price increases ranging from 0.04% up to 2.96%, most of them outperforming the minor market decline. I hope there'll still be some low beta + high dividend stocks for me to add to in the New Year. If market conditions change then, I'll have to go with a different strategy at that point. But what?

CPB has been moving quite a lot lately, so hopefully I'll be able to recover my losses on it and close out the position this year in favour of PDO.

On the prince turned frog front, ABK was -4.44% and one of its bond issues (CUSIP 023139AF5) is trading at $0.07 on the dollar on my E*Trade bond trading platform. This is definitely a bond issue I won't be adding to even if ABK does ROTB. I have a feeling something is going on with ABK. It has survived the global financial crisis almost unscathed even though everyone has been saying it's only a matter of time. The fact that it hasn't succumbed to the pressure says a lot about its resiliency. Most of all, it indicates that the market needs ABK as a counterparty. Or at least it needed it up until this point. Was ABK's going-concern statement a secret ultimatum? But what could really be going on with ABK?

OK, Shiny Happy Forex Traders... Happy Thanksgiving in advance.

May no one be hit with any retracements...