RVLV: Adding Revolve Group to Investing Ideas (Short Side)

09/07/22 12:37PM EDT

Hedgeye CEO Keith McCullough is adding Revolve Group (RVLV) to the short side of Investing Ideas. Below is a brief note.

Gotta love bear market bounce days, even if they've been few and far in between as of late...

Coaching Notes:

1. Looking for the lunch-time-lull names that are higher on decelerating volume intraday 

2. Looking for US Consumer Discretionary Shorts (XLY) like McGough's Revolve (RVLV)

3. VIX Refreshed Risk Range has a BIG higher-low now = 22.63-29.21

We'll see how many people need to buy the RVLVs at VIX 27-29,

KM

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