Adding DE to the Short List

03/29/23 01:46PM EDT

ADDDeere (DE) to the Investing Ideas Short List.

Commentary below from Keith within "Real-Time Alerts" delivered to #HedgeyeNation today. 

SHORTING DE

The FOMO and chasing you see at VIX 19... can't make it up...

Coaching Notes:

1. If you're new to the Hedgeye Fading-Your-Feelings #process, don't do that

2. There are so many bubbles to choose from, The Question remains: which one is going to signal lower-high-towards-top-end-of Risk Range within a Bearish TREND Signal next?

3. Today's Iowa Farmland Bubble is brought to you by Deere (DE), where "Farmer Jim" likes it because it looks "cheap" on rear-view Ag Bubble Inflation numbers!

See Jay Van Sciver's Industrials Pro research product on why,

KM

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.