"We need to suck every last perma bull into believing that the 'bottom is in,' then kaboom," Hedgeye CEO Keith McCullough wrote earlier this morning.
https://twitter.com/KeithMcCullough/status/700055204692156418
McCullough has now advised subscribers to short eleven different stocks in Real-Time Alerts, up from two at last week's lows.
https://twitter.com/KeithMcCullough/status/700058784295739392
This bounce has a suspicious air about it.
https://twitter.com/KeithMcCullough/status/699973924629671936
... And all today proves is that there are a lot of investors out there who have not learned this ultimate lesson... yet.
https://twitter.com/KeithMcCullough/status/700059471113031680
Here's another reason not to be long equities. Below is a chart from our 73-page quarterly Macro themes deck which shows when S&P 500 earnings decline for two consecutive quarters stocks fall -20% or more.
Take two minutes to watch the video below with key risk management insights from McCullough in which he concludes, "Are you bearish enough?"
Here's what our subscribers are saying about us:
https://twitter.com/BrendonMUnland/status/700059467891642368