Takeaway: Please note we are removing MC (short) from Investing Ideas today.

Below is a brief note from CEO Keith McCullough on why we're removing Moelis (MC) from the short side of Investing Ideas today:

"We're taking Moelis off Investing Ideas after last week’s major decline in the Financials. Consensus thought a Fed rate hike would drive interest rates higher – alongside the Financials, US interests fell last week!

We Are Removing Moelis (MC) from Investing Ideas - sector1

We Are Removing Moelis (MC) from Investing Ideas - rates