REALITY CHECK: OVER $5,600,000,000,000 IN MARKET CAP
HAS BEEN ERASED FROM THE S&P 500 THIS YEAR.
(YES, YOU READ THAT RIGHT … FIVE POINT SIX TRILLION)
A massive amount of market pain is being administered right now.
The NASDAQ is crashing—it’s down -21% this year. Bitcoin is down -18%. Cash and Gold (both of which we recommended before the market crash) are up over +5%. Volatility (VIX) is in what we affectionately call the “F-Bucket.” That’s when the VIX > 30. It’s also when investors get taken behind the woodshed and Mr. Market proceeds to beat the living snot out of them.
But not Hedgeye subscribers. We prepared our subscribers before this market maelstrom.
Take a look at this quote below from CNBC Snake Oil Salesman Jim Cramer.
"It's a bear market that no one called; I think the bear market is over." –Cramer on 3/25/22
Damn, 0 for 2 Jimmy!
For the record, Hedgeye CEO Keith McCullough and our non-consensus Macro team most definitely made the #Quad4 bear market call (and it’s not over). Incidentally, the NASDAQ has fallen another 11% since Cramer’s #ClownCall.
BTW, Cramer isn’t alone. There’s an entire cabal of conflicted clowns who miserably failed to properly risk manage this dramatic market turn.
“They get paid not to tell you about #Quad4, we get paid to risk manage #Quad4; big difference.” – Hedgeye CEO Keith McCullough on The Macro Show on 4/27/22
What’s #Quad4?
#Quad4 is when economic growth and inflation decelerate at the same time. It’s also when story-telling, narrative-driven, ‘stock pickers’ with no repeatable investing process get absolutely blown up as risk assets get smoked.
Did you get out of the way in time to avoid major capital losses? Our subscribers—aka #HedgeyeNation—did.
Hedgeye CEO Keith McCullough signaled the #BubbleCapCrash to subscribers in his Early Look note on 1/13/22:
“While I was sufficiently bullish (at this time last year), buying every bubble there was from Bitcoin to whatever Small Cap & SPAC Crap my analysts were pitching me before we hit the Mother of All Perpetuators of Bubbles (i.e. #Quad2 in Q2 of 2021)…
I’m #out of all that.”
Did you cling to your Crypto Longs on empty narratives the US Dollar would ‘lose reserve currency status’? News flash to the uninitiated: Crypto gets smoked in #Quad4.
Our Crypto Quant daily dashboard signaled Bearish Trend for both Bitcoin & Ethereum on 12/15/21. Since? Both have crashed. Bitcoin is down 21% and Ethereum is down 29%.
Who got you out? We did.
Speaking of the Dollar…
Those are Clown Calls…dangerous market platitudes advanced by CNBC airheads and Twitterati frauds interested in selling you “stories” instead of actionable investing intelligence.
FACT: The Hedgeye Call was to go long of US Dollars on January 3rd 2022 against Short Euros, Pounds, and Yen. So, how’s it going?
THE US DOLLAR JUST HIT A 5-YEAR HIGH.
It’s the Hedgeye Crash Call vs. CNBC Clown Call, the highest performing pair trade in modern market history.
If you’re not subscribed to Hedgeye by now, you’re certifiably crazy (or don’t care about protecting/making money). Are you long #Quad4 and math, or long narrative-driven bull$hit?
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“Now we enter the ‘Cover You’re A$$’ part of The Game where plenty of strategists, economists, and tweeters will say they saw this coming. However, if you’re a portfolio manager and/or running your own money, it doesn’t matter what you say. It’s what your returns do.” – Hedgeye CEO Keith McCullough in his 4/27/22 Early Look note |
Here at Hedgeye, we’re not about WORDS—we are about RETURNS.
If you’re looking for a better way to protect your hard-earned capital (and make money shorting asset classes that will sustain further losses), we can absolutely 100% help you.
See for yourself how our process can protect (and grow) your portfolio.
