BYD, EXPE, PENN, & ATIP: Removing From Investing Ideas

Despite the market’s recent rally to all-time highs, BYD, EXPE, and PENN were not able to recapture both their TRADE and TREND levels of @Hedgeye support. To some degree, that’s probably because the market believes recent Covid accelerations are going to postpone some consumption. There’s also a #Quad2 to #Quad3 portfolio pivot to consider too.

ATIP is obviously a disaster for us today and we’ll send you a research note on why today too.