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

"... Unless it’s different this time, US stocks always crash (greater than 20% decline from peak) once corporate profits go negative (on a year-over-year basis) for two consecutive quarters."

CHART OF THE DAY: Stocks Always Crash When This Rolls Over. Is This Time Different? Probably Not - 02.23.16 chart