A brief note from Hedgeye CEO Keith McCullough:
With the #Quad2 to #Quad3 Phase Transition in the US equity market well underway (QUALITY, as a Factor Exposure, is +4.3% in the last month and SMALL CAP lagging, as it should), my TRADE/TREND/TAIL signaling process continues to suggest we take names out and add new ones with larger caps and less beta). |
KM