In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough breaks down his thoughts on Healthcare (XLV), why he’s not looking to buy it right now, but also the setup to look for if you are.
“The best you can be is:
- Bullish TRADE, Bullish TREND
- Backtesting as the right Quad
- With a big fat IVOL premium
- And at the low end of the Risk Range
All those things, I'm going to buy it."
“If something is Bearish TREND, I’m not going to buy it anyway – and that’s Healthcare (XLV).”
