• It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Today we covered our short position in Core Labs (CLB) at $108.69 a share at 3:27 PM EDT in our Real-Time Alerts. We originally shorted Core Labs on December 19 at $108.87 a share at 3:41 PM EDT. We believe the stock is oversold at the moment so we covered on red, booking a modest gain. We remain bearish on the TREND duration for CLB.

TRADE OF THE DAY: CLB  - TOTDCLB