Earlier this morning we booked our 5th consecutive gain on the short side of Carnival Cruise (CCL). In case you hadn’t already noticed, we enjoy winning here at Hedgeye. CCL is immediate-term TRADE oversold, within a bearish TREND. Winning … it’s a good thing.
Takeaway: We covered our short on Carnival Cruise (CCL) at 10:07am this morning at $32.67.