A note from Hedgeye CEO Keith McCullough to Real-Time Alerts subscribers today:
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Our US Dollar #Bottoming call was made during our Q2 Macro Themes presentation in the first week of April. In any Bullish @Hedgeye TREND view, the risk management exercise is simply to have the patience (and signaling process) to buy more on dips toward the low-end of the @Hedgeye Risk Range. Primarily due to a bounce in the Euro (which remains Bearish TREND @Hedgeye), we're getting that correction to buy more on now. As a reminder, the #1 reason to be long of US Dollars = #GlobalDivergences. |
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