How To Trade The Obama Tax Cuts

Dividend stocks are going to continue to do well, as President Obama last night announced he would extend the Bush tax cuts for everyone, for another two years. Patty Edwards on CNBC's Fast Money halftime said that the Obama extension of the tax cuts confirmed her view that dividend paying stocks will continue to outperform bonds, as stocks have capital appreciation in addition to yield. Stocks like Altia MO, Dow Chemical DOW and Exxon Mobil XOM, which have high dividend yields, are doing well today.