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
