"This was a bad timing decision by me and I want to stop myself out of the mistake. Longer-term Todd Jordan is bullish on most Macau exposures, but there are certainly some short-term cyclical factors (including #ChinaSlowing!) which we’re well aware of," writes Hedgeye CEO Keith McCullough. "Additionally (and most importantly) WYNN also broke @Hedgeye TREND support."
Takeaway: Please note we are removing WYNN (long) from Investing Ideas today.
