ADD: Urban Outfitters (URBN), Birkenstock (BIRK), and McDonald's (MCD) to the Investing Ideas Short list.
Commentary below from Keith within "Real-Time Alerts" delivered to #HedgeyeNation today.
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Urban Outfitters (URBN) We're all old enough to remember where some of McGough's best Retail Shorts were 2-3 trading days ago... Coaching Notes: 1. Same drill and rules-based decision-making #process on this one as on BIRK and ABR 2. We're looking for Bearish @Hedgeye TREND signals that are nearing the TRR (top-end of Risk Range) on #decelerating volume, KM |
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McDonald's (MCD) Going to 2-Dots on this one... Coaching Notes: 1. You, of course, get unlimited dots in your portfolios! 2. I purpusefully handcuffed myself with only being able to touch a position 3x (3-Dots) in RTA (and I rarely go to 3)... 3. That way I'm more accountable to how accurate my initial signals are in real-time ... It's made me a better player. I hope you're learning how to #GetBetter, acting incrementally, against the color on your screens too, KM |
