Morning Reads on Our Radar Screen

Takeaway: A quick look at some stories Hedgeye is reading this morning.

Keith McCullough – CEO

Obama's Nomination Of Janet Yellen Is A Blow To Recovery-Starved Americans (via Forbes)

New CEO cuts Chesapeake Energy's lifestyle largesse (via Reuters)

Red Sox Grind Rays Down and Out of the Playoffs (via NYT)


Morning Reads on Our Radar Screen - dollar1


Josh Steiner – Financials

GM Executive Warns of Impending Auto Bubble (via Free Beacon)

GM Ramps Up Risky Subprime Auto Loans To Drive Sales (via IBD)

Gates’s Future Fuels Speculation as Microsoft Seeks New Chief (via NYT)


Jonathan Casteleyn – Financials

Fidelity Billionaire Johnson Taps ETFs as Profits for Funds Fad (via Bloomberg)


Kevin Kaiser – Energy

Ex-Chesapeake CEO McClendon raises $1.7 billion to drill in Utica Shale (via Reuters)


Tom Tobin – Healthcare

Oxford Nanopore Raises $64 Million for Infrastructure (via Bloomberg)


Brian McGough – Retail

What you should know ahead of Nike’s analyst meeting  (via Marketwatch)

Filling a void: Saks CEO Stephen Sadove is joining J.C. Penney’s board (via Dallas News)


Jay Van Sciver – Industrials

Fastenal Misses Q3 Earnings, Sales (via Zacks)


Matt Hedrick – Macro

Germany's Greens turn frosty towards any alliance with Merkel (via Reuters)

Cartoon of the Day: Hard-Headed Bears

How's this for "hard data"? So far, 107 of 497 S&P 500 companies have reported aggregate sales and earnings growth of 4.4% and 13.2% respectively.

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Premium insight

McCullough [Uncensored]: When People Say ‘Everyone is Bullish, That’s Bulls@#t’

“You wonder why the performance of the hedge fund indices is so horrendous,” says Hedgeye CEO Keith McCullough, “they’re all doing the same thing, after the market moves. You shouldn’t be paid for that.”

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SECTOR SPOTLIGHT Replay | Healthcare Analyst Tom Tobin Today at 2:30PM ET

Tune in to this edition of Sector Spotlight with Healthcare analyst Tom Tobin and Healthcare Policy analyst Emily Evans.

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Ouchy!! Wall Street Consensus Hit By Epic Short Squeeze

In the latest example of what not to do with your portfolio, we have Wall Street consensus positioning...

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Cartoon of the Day: Bulls Leading the People

Investors rejoiced as centrist Emmanuel Macron edged out far-right Marine Le Pen in France's election day voting. European equities were up as much as 4.7% on the news.

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McCullough: ‘This Crazy Stat Drives Stock Market Bears Nuts’

If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.

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Who's Right? The Stock Market or the Bond Market?

"As I see it, bonds look like they have further to fall, while stocks look tenuous at these levels," writes Peter Atwater, founder of Financial Insyghts.

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Poll of the Day: If You Could Have Lunch with One Fed Chair...

What do you think? Cast your vote. Let us know.

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Are Millennials Actually Lazy, Narcissists? An Interview with Neil Howe (Part 2)

An interview with Neil Howe on why Boomers and Xers get it all wrong.

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6 Charts: The French Election, Nasdaq All-Time Highs & An Earnings Scorecard

We've been telling investors for some time that global growth is picking up, get long stocks.

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Another French Revolution?

"Don't be complacent," writes Hedgeye Managing Director Neil Howe. "Tectonic shifts are underway in France. Is there the prospect of the new Sixth Republic? C'est vraiment possible."

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Cartoon of the Day: The Trend is Your Friend

"All of the key trending macro data suggests the U.S. economy is accelerating," Hedgeye CEO Keith McCullough says.

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