Editor's note: An earlier email listed an incorrect return for the S&P 500.
We are removing Medidata Solutions (MDSO) from Investing Ideas today. Shares have risen +4% since it was added on January 5th.
According to Hedgeye CEO Keith McCullough:
My market view is getting less bullish and this one is tapping the top-end of my intermediate-term range, so I’d like to come back and signal buy again, lower - like we did on the last short-term scare.