Takeaway: We sold Nationstar (NSM) at 11:28am this morning at $42.70.

A beauty +5% intraday rip for Hedgeye Jedi Josh Steiner. NSM now moves to immediate-term TRADE overbought (within Steiner’s intermediate-term bullish TREND). We’re booking it. Profits are a good thing.

Trade of the Day: NSM - NSM