Our latest theme from late last year continues this morning. A weak dollar has commodities and emerging markets strong out of the box. We are always ready for changes in market conditions but right now, all pullbacks in commodity names should be looked at.

A late dive on the last day of the year is being somewhat erased this morning. We will leave that at that.

Keep in mind, January, very often is a pain in the rear. Not necessarily going down but we have seen more than a few whipsaws as we head into the 4th quarter earnings report. Stay tuned.