Takeaway: We are removing Dutch Bros, Dufry, & Petco from Investing Ideas.

A quick note from Hedgeye CEO Keith McCullough:

Smaller cap names continue to be under pressure during A) this #Quad2 (best Quad for small caps) to #Quad1 Phase Transition, B) year-end tax-loss selling and B) hedge fund liquidations. Removing the following 3 names on @Hedgeye TREND breakdowns.

KM