QE3 Is On It's Way: How To Play It

Federal Reserve Chairman Ben Bernanke was on CBS's "60 Minutes" last night and he made the mention that more bond buying could be possible, if he felt it was necessary to stimulate. The launching of QE3 is on its way, and the United States is on its way to becoming to Japan. We're going to see no real inflation any time soon, and the Fed will just be buying every asset it can get its hands on, from corporate bonds to perhaps even ETFs, as Japan has started doing. The only way to keep profiting from the endless printing of money that the Fed is doing is just keep staying long what's been working for the past 18 months: metals, commodities, real estate, tech stocks, and staying away from banks and housing stocks. Names like Freeport (NYSE; FCX) and BHP Billiton

come to mind in the metals space, and General Growth Properties

, Simon Property Group

in real estate. Tech stocks you can take a dart and throw it at the board, and you'll outperform. Cloud stocks have worked this year, and as austerity comes to Europe, costs will need to be cut and stocks like F5

and VMware

benefit as governments try to do more with less. As Bernanke keeps running the printing presses, just keep going with David Tepper's mentality: long and strong. Disclosure: long GGP