Our FREE Investing Newsletter
    Get Exclusive Summer Sale Discounts

    By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. All Hedgeye products and services are subject to Hedgeye’s Terms of Service available at www.hedgeye.com/terms_of_service

Takeaway: Careful out there.

With U.S. #GrowthSlowing sequentially, sentiment is reversing some. Some.

But is consensus bearish enough right now? Nope.

This morning’s II Bull/Bear Survey is still +3780 basis points wide to the Bull Side (53.1% Bulls, 15.3% Bears). Meanwhile, the VIX has broken out over 14.91.

Bearish Enough? Nope. - VIX

Bottom line: People aren't bearish enough, particularly if growth continues to slow. 

Editor's Note: This is an excerpt from Hedgeye CEO Keith McCullough's pre-market morning research. For more information on how Hedgeye can help you prosper and learn click here.

Join the Hedgeye Revolution.