No... this is an index play. Stocks typically go up when added to a major index as all the index funds have to cover them, too. Plus, daytraders and speculators get all over it for awhile. Could stay up for awhile, (some index plays drop the next day after being added to the index) but don't be surprised if it drifts back down almost to where it was before it joined the S & P 500. Betting on an Obama play may stave off some of the drop, but that would apply to many stocks. And don't forget that some really glum earnings reports will start popping out next week which always cause a knee-jerk reaction. Still a bumpy road ahead for the near-term.