Hedgeye CEO Keith McCullough is adding CoreCivic (CXW) to the long side of Investing Ideas. Below is a brief note.
So, if we're buying-some bonds here (because Bond Yields are signaling immediate-term TRADE #overbought), what else are you thinking about doing in your portfolios?
A) Buying-some Gold and some Gold Mining exposure? Yep.
B) Buying-some REITS? Sure.
I just did a little due dilly on REIT Rob Simone's Long List (asked Floki’s Fractal for a Long Signal) and see that CoreCivic (CXW) is signaling buy at the low-end of its Risk Range.
Especially in Crypto fraud, you gotta be bullish on more people going to jail, no?
Been a while since I signaling BUY on a single-stock too,
KM
