McCullough: Move Into 'Quad Four' May Mean Market Pain
Hedgeye CEO Keith McCullough discusses the move into Quadrant 4 of Hedgeye's proprietary Growth/Inflation/Policy (GIP) model and what it means for the markets in this excerpt fromThursday's Morning Macro Call for institutional subscribers. Quadrant 4 is where both growth and inflation slow.
Two Chip Stocks to Key In On as Skittish Investors Rotate Into Large Cap Liquidity
In a macro environment where skittish investors are rotating into the largest capitalization stocks, Hedgeye Semiconductors sector head Craig Berger discusses why he like Texas Instruments (TXN) and Qualcomm (QCOM) as the top mega-cap stocks in his sector.
An Epic Bubble in Small Caps (And Why Market Illiquidity Remains One of Our Biggest Concerns)
In this excerpt from Tuesday's Morning Macro Call, Hedgeye CEO Keith McCullough discusses the recent trend we’ve been highlighting of down moves in U.S. stocks on greater-than-usual volume, and why investors need to be particularly careful right now with respect to the bubble in small cap stocks.
HEDGEYE IN THE MEDIA
Hedgeye Raises More Than $56,000 for Bridgeport Youth Program in Inaugural Charity Golf Tournament
STAMFORD, Conn – September 25, 2014 – Hedgeye Risk Management, today announced that it has raised over $56,000 to support Bridgeport Caribe Youth Leaders (BCYL) a 501(c)(3) youth organization in Bridgeport, CT committed to engaging young people in athletic, educational and community programs. The money was raised via Hedgeye Cares 1st Annual Charity Golf Challenge, which was held September 16th at the Great River Golf Course in Milford, CT.
In its inaugural year, the Hedgeye tournament attracted 91 golfers. It included a full day of lunch, golf, dinner and a silent auction later in the evening. The Lincoln Motor Company was the event’s Platinum Sponsor and offered participants test drives in their newest models. Other major Sponsors included Bloomberg, Salesforce, MBIA Foundation and Firefly Space Systems.
“I am deeply grateful to [Hedgeye CEO] Keith McCullough and the entire Hedgeye Cares team for their generous support to the Bridgeport Caribe Youth Leaders. Their contribution will help us to continue to provide Bridgeport youth; the environment, resources and inspiration that foster leadership skills and values. I admire Hedgeye’s commitment to the community and BCYL and look forward to a long lasting relationship together,” said BCYL President John Torres.
Some of the silent auction items donated included a Martha’s Vineyard vacation, a signed jersey and hockey stick from New York Ranger forward Martin St. Louis and a round of golf at the exclusive Sebonack Golf Club in Southhampton.
”We’ve been enormously blessed and are just trying to give a little something back to our community here in Connecticut. John Torres and his team at Caribe are working tirelessly to give kids in Bridgeport the tools they need to become tomorrow’s leaders and success stories,” said Hedgeye CEO Keith McCullough.
Click below to watch video highlights.
McCullough on Fox Business: ‘Fade Like a Flower’ Fed Has a Surprise in Store for Market
Magic Carpet Ride
"One of the most epic US stock market days I’ve witnessed in my career," Hedgeye CEO Keith McCullough wrote about BABA's Friday IPO.
We’re one more bad jobs (and/or GDP) report away from Janet sounding like Mario.
Be Long Mega Cap Liquidity Vs. Short Small Cap Illiquidity
At 55x trailing earnings, and 42% of the names in the Russell 2000 crashing (-20% or more from their 12 month peak), the US stock market is “cheap.” Right.
An Effective -3% Fed Funds Rate For An Economy That's Allegedly "Humming Along"?
POLL OF THE DAY
"We’re one more bad jobs (and/or GDP) report away from Janet Yellen sounding like Mario Draghi," Hedgeye CEO Keith McCullough wrote Wednesday. "We're reiterating our call for a lower 10-year yield."
"Remember when The Facebook (FB), Apple (AAPL), and BABA had a projected $1 TRILLION in combined cap?" Hedgeye CEO Keith McCullough wrote in Monday's Morning Newsletter. "I do. That may have been the top."