A surprisingly vibrant U.S. home market forms one of the reasons for my investment view that the U.S. bond market is a major-league short.
I have been long Lowe's (LOW) and Home Depot (HD) since the generational bottom. They are reasonably priced plays to invest in continued strength in the housing markets, but I want to emphasize that my entry points are low relative to current share prices.
I haven't done work on Weyerhaeuser (WY), but the lynx-eyed Stephanie Link continues to mention the name on TheStreet and in her appearances on CNBC. Her rationale seems strong.
At the time of publication, Kass was long LOW, HD and TBT common stock; long TBT calls; and short TLT common.
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