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Today's Chart of the Day from Hedgeye CEO Keith McCullough highlights the importance of patience over panic when it comes to investing your capital. Patience is the #1 Asset Allocation in our Full Investing Cycle Process.

As Keith highlighted in the Early Look this morning, we got another buying opportunity in both Gold and Silver last week.

In addition, before heading to Ireland last week, Keith bought close to a MAX position in QQQ (which you’d have seen in our Portfolio Solutions product), so he'll be booking-SOME gains on that this morning.

CHART OF THE DAY: Booking Gains (Moving Hard Earned Capital) $GLD <abbr name='INVESCO QQQ Trust'>QQQ</abbr> - z cod