Seeking Alpha by Adding Beta

It has been a while since I wrote my last blog on Tesla. Since then Tesla's stock price has increased by 30% (from 90 to 120). Looks like many folks are believing Tesla story and possibly its similarity with Apple when ipod was introduced. But most important story for last few weeks have been "QE3 tapering" by fed. Just the talk of tapering has caused havoc in bond/treasury markets with 10-year treasury yield jumping from 1.6% to 2.7%. This is huge in terms of move (equivalent DOW move would have been anywhere between 3000 to 4000 points down). Markets always position for what may happen 6 months in advance. However at same time it overshoots on either direction. IMO, markets have started overshooting in terms of punishing some REITs and commodities. So that may create good value to take some positions in stocks like AGNC ($20), CYS ($8), NLY ($11). These are all high-yielding REIT and very sensitive to interest rate changes and are down by 30-40% this year just due to p