***Please note that we are removing Financial Engines (FNGN) from Investing Ideas today.
Hedgeye Financials co-sector head Jonathan Casteleyn doesn’t think the company is going to have a good quarter. In addition, Hedgeye CEO Keith McCullough does not like Financials or Small Caps from a style factor perspective enough to put Investing Ideas subscribers through the long-term "patience" exercise with respect to shares of FNGN. In other words, the embedded market risk doesn't match up favorably for investors right now.