Final Trade: CVX, XLE, ELVN, COF

Key Concepts:

• Chevron (Long Position)
• XLE (Energy Sector ETF)
• Energy Sector Investment (Countercyclical)
• Capital One Financial (Potential Test of $165)

Final Trades Discussion:

• Chevron (Carter Werth): Carter Werth initiates the "final trades" segment by recommending a long position in Chevron. The rationale isn't explicitly stated in the provided transcript excerpt, but the implication is a bullish outlook on the stock.

• XLE (Tim Brian): Tim Brian advocates for investment in the Energy Sector ETF (XLE). He notes that the XLE chart has shown minimal progress since its peak in 2022. He believes that rising energy costs make the energy sector a favorable investment area. He also describes energy as "countercyclical," suggesting it may perform well when other sectors struggle.

• Capital One Financial (Steve Grasso): Steve Grasso is "taking a look at Capital One Financial" and anticipates it will test the $165 level. The transcript doesn't provide further details on his reasoning.

Notable Quotes:

• Tim Brian: "XLE I think this chart if you look at it over the last three years, you can say it's done nothing since that peak into 22, I think it's been inching higher energy costs. As we said, this is a good place to be investing in energy, great."
• Tim Brian: "Energy, countercyclical."

Synthesis/Conclusion:

The "final trades" segment features three investment recommendations: a long position in Chevron, investment in the XLE energy sector ETF, and a potential test of $165 for Capital One Financial. The rationale behind the Chevron recommendation is not detailed. The XLE recommendation is based on the belief that energy costs are rising and that the energy sector is countercyclical. The Capital One Financial recommendation is based on the expectation that it will test the $165 level.