A subscriber asked Hedgeye CEO Keith McCullough a question during The Macro Show Q&A about whether to hold, cover or press given the market’s current volatility setup.
“The whole point about a market that’s crashing is that they crash from oversold levels, or what is defined as the low end of the range. That’s why I have no longs in Real-Time Alerts. I only have shorts. It’s really up to you to decide how much risk you want to put on,” explains McCullough.
“We’re the longest of long-term investors—and we also know how to manage the immediate-term risk,” Hedgeye’s Risk Manager in Chief explains. “That’s called ‘trading.’”