Overview

I have been concerned about the recent runup. Part of this run-up was really just recovering from the summertime slump. Part of it appears to me to be pre-earnings excitement.

Usually, a slight pullback follows these kinds of runups, so I kept ~$10K in cash for a pullback. Instead, I think that the market is moving up because of the housing market. That is, investors are pulling out of the housing market and putting money into the market. If that is the case, then this growth will remain.

In looking at the portfolio, I am going to re-shuffle because in the face of this rise, some stocks have been idle. I don't like that.