Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

Our #1 US Equity Sector Style remains Utilities (XLU), which were up another +4.3% last week. Whoever “rotated” into the Russell 2000 was ignorant about the #Quad4 rotation they should have made into Utes, REITS, and Healthcare.

CHART OF THE DAY: #Quad4 Rotation - ELchrt1

CHART OF THE DAY: #Quad4 Rotation - Hedgeye University Email Banner 2024