CHART OF THE DAY: Buy Everything! (Well, Not Everything)

06/22/15 07:54AM EDT

Editor's Note: Below is a chart and excerpt from today's Morning Newsletter written by Hedgeye CEO Keith McCullough. Click here to learn more and subscribe.

CHART OF THE DAY: Buy Everything! (Well, Not Everything) - z 06.22.15 chart

Actually let me take that back – not all “stocks” liked the Dovish Down Dollar + Down Rates move. Here’s how our two favorite S&P Sector Shorts and Global Equities did with the pin tucked in the front, and some USD devaluation tailwind:

  1. US Financial Stocks (XLF) down -1.2% week-over-week, taking them back to 0.0% for 2015 YTD
  2. US Industrial Stocks (XLI) down another -0.4% week-over-week to down -1.5% for 2015 YTD
  3. European Stocks (EuroStoxx600) down -1.0%, taking their 3-month correction to -3.8%
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