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

Did you know that our Core #Quad4 US Equity Asset Allocations did this last week:

REITS (XLRE) led US Equity Sector Style winners with a big +3.8% week, taking it to +5.7% in the last month

If I were to cherry pick durations (instead of doing what I do every week, measuring and mapping returns on a 1-week, 1-month, and 3-month basis), our Long XLRE is pounding Tech (XLK) for #Quad4 in Q3 to-date.

CHART OF THE DAY: Real Estate <abbr name='Real Estate Select Sector SPDR Fund (The)'>XLRE</abbr> > Tech <abbr name='Technology Select Sector SPDR ETF'>XLK</abbr> - CoD Sector Pivots

CHART OF THE DAY: Real Estate <abbr name='Real Estate Select Sector SPDR Fund (The)'>XLRE</abbr> > Tech <abbr name='Technology Select Sector SPDR ETF'>XLK</abbr> - Hedgeye University Email Banner 2024