CHART OF THE DAY: China Reaching Lewis Turning Point?

09/24/21 08:06AM EDT

Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. 

Just like in the other game I loved to play with passion and pride, the only thing that matters now is my next shift. So, let’s play this out on our Long USA vs. Short China positioning first:

A) If you’re concerned about China (my Signaling process still is), then just short China (FXI, EWH, CHIQ are our Top 3 Shorts)
B) If you bought the damn dip in SPY, QQQ, etc. on Monday, you were selling-SOME into yesterday’s ramp

While the risk management concept of selling-SOME isn’t a foreign one to pros who play The Long/Short Game at the highest level, I have come to appreciate that coaching SOME people through that helps them.

CHART OF THE DAY: China Reaching Lewis Turning Point? - 9 24 2021 7 48 33 AM

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