Stocks Lower into Final Hour, Pressured Again by Losses in Commodity Stocks

BOTTOM LINE: The Portfolio is lower into the final hour on losses in my Internet longs, Computer longs and Medical longs. I have not traded today, thus leaving the Portfolio 75% net long. The tone of the market is negative as the advance/decline line is lower, almost every sector is lower and volume is average. I personally think it would be prudent for the Fed to at least 'pause' for a bit here. However, one of their chief concerns has been rising commodity prices. Will Bernanke risk reigniting the commodity market by making dovish comments? With the energy complex on its back, with the exception of oil, he most likely will make more positive comments about the economy, which will likely be perceived as "hawkish." I expect US stocks to trade modestly higher into the close from current levels on short-covering, lower commodity prices and bargain hunting.