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In this clip from The Macro ShowDaryl Jones asks Hedgeye’s Risk Manager in Chief what he makes of mega-cap stocks like Nvidia (NVDA), Netflix (NFLX) and Meta oscillating between bullish and bearish

“Nvidia’s not bearish trade and trend every single day, but things are changing here,” McCullough explains.

“When things are going back and forth in signal terms, it’s not rainbows and puppy dogs and nice and sunny. That’s what you should notice, when things start to change, you should change.” 

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McCullough’s Take on Magnificent 7: ‘It’s Not Rainbows and Puppy Dogs’ - TMS Banner