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DepewTube: The Hero Trade


Markets, movers and more.

Kevin takes a look at inflation data and says let the market speak for itself rather than trying to tell it what it should think. With Treasuries up, the dollar up and gold and commodities lower, the market is saying inflation is no longer the number one concern.

Kevin says the hero trades of the moment -- those driven more by ego than fundamentals or even technicals -- are long financials and short energy. You don't get extra P&L points by calling tops and bottoms.

Kevin insists General Motor's (GM) Chevy Volt pales in comparison to his personal sport utility jet pack. Will it make it (GM, not the jetpack)?

No positions in stocks mentioned.

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