Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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So, as of this morning, that keeps me bullish on both Oil and Energy Longs (XLE) because those signals are Bullish @Hedgeye TRADE and TREND. When I pop higher Oil prices into our USA GDP Nowcast, it slows REAL US Consumption growth, flattens the curve, and more. |
