The Call @ Hedgeye | August 10, 2022

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

The Game is the game. And the score is the score.

What I love about trying to win The Game (both short-term and long-term) is that score is a fact and not someone’s political or emotional fiction. The best parts of The Game happen when my TRADE & TREND Signals change.

In ROC (rate of change) terms, what’s changed as of yesterday’s US Equity market close?

A) RETURNS: those were the 63rd and 40th all-time closing highs of 2021 for SPY and the NASDAQ
B) EARNINGS: 440 SP500 companies have reported aggregate year-over-year EPS growth of +41.8%

CHART OF THE DAY: Play The Game When TRADE & TREND Signals Change - 11 5 2021 8 19 13 AM