Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

I send this to our Institutional and Macro Pro clients and subscribers, daily. It’s called my “Re-Rank,” which essentially shows you every Asset Allocation and A) every incremental addition/subtraction to existing positions and B) every outright sale or new position added.

In addition to nearly 8,000 #timestamped Real-Time Alerts (going back to 2008), I think I provide the transparency and accountability that very few in this profession would. And I love it!

As of yesterday’s close, here are my three largest positions:

  1. FDRXX (High Yielding Cash)
  2. Physical Gold (AAAU)
  3. Emerging Markets Ex-China (EMXC)

To see Keith's top 28 long positions ranked in order, subscribe to The Early Look.

CHART OF THE DAY: Large Moves in Keith's Longs - COD