by Greg Guenthner
Daily Reckoning
If you’re still nursing your Cinco de Mayo hangover this week, you’ve unknowingly helped one of your strongest trades push to new highs…
That’s no small feat in these market conditions. Stocks went nowhere yesterday while metals and oil were met with heavy selling. Some of the year’s biggest winners took one on the chin.
While the market continues to frustrate most investors this year, booze is becoming a bright spot for buzzed traders. And after a raucous Cinco de Mayo, a new king of Mexican beer has emerged in a very unlikely place.