Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
Why is it still #Quad1, economically (and not #Quad4)? A: yesterday’s data: A) US Retails Sales #accelerated to +18.2% year-over-year GROWTH in NOV vs. +16.3% in OCT There are plenty of bearish narratives out there that don’t say a peep about what my predictive algos are saying about these ROC Numbers. |