ADD: Knight-Swift Transportation Holdings (KNX) to the Investing Ideas Short list.
Commentary below from Keith within "Real-Time Alerts" delivered to #HedgeyeNation today.
While our Core Real Estate, US Retail, and US Bank Shorts (XLRE, XRT, and KRE) are delivering alpha today, Industrials (XLI) aren't ...
Coaching Notes:
1. So we'll cover-SOME XRT, for example, and re-short some KNX on the bounce
2. KNX is what we look for on the Short Side = bouncing to lower-highs within a Bearish @Hedgeye TREND view on #decelerating volume
3. See Van Sciver's Industrials Pro research product for why on the truckers who clearly aren't immune to Labor Strikes,
KM
