Editor's Note: The note below was written by Hedgeye CEO Keith McCullough.
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Fundamental research views from our analysts Howard Penney (Restaurants/Consumer Staples) and Jonathan Casteleyn (Financials) didn’t change. I was trying to help risk manage what ended up being a 5% correction in the Russell 2000 (small cap) and High-Beta as a risk management Style Factor.
Going forward, we don’t plan on removing names from Investing Ideas unless the fundamental story (from our analysts' perspective) changes.
Thanks for bearing with us as we evolve the Investing Ideas product. We’re always trying to learn from our mistakes.