In today's Early Look, Hedgeye CEO Keith McCullough broke down our list of TRADE and TREND signal breakdowns on the shoulders on inflation staying Higher For Longer And Accelerating.
- Long-term Treasuries (TLT) continue to signal bearish on both my TRADE and TREND durations
- The Japanese Yen is crashing to 35 year lows vs. our #HFL Core Asset Allocation to USD (UUP)
- The Russell 2000 (down -19.2% from its Cycle Peak) remains Bearish TREND this morning
- META is a recent Bullish to Bearish @Hedgeye TREND breakdown too
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5