Takeaway: We are adding VIRT to the short side today.

Below is a brief note from Hedgeye CEO Keith McCullough on why we're adding Virtu Financial (VIRT) to the short side of Investing Ideas today:

Do you want to be short of The Old Wall? Oh do we have a selling opportunity for you!

Our Financials Long/Short guru, Jonathan Casteleyn, will be hosting a BEST IDEAS SELL call (Institutional Research Product) on Virtu (VIRT) tomorrow @HedgeyeTV. His Top 3 bullets on the idea are as follows:

  • Secular Shift Underway  
  • Style drift and re-levering at the wrong time
  • Private market values collapsing 

There's always a bear market developing somewhere,

KM