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A brief note from Hedgeye CEO Keith McCullough this morning: The biggest winner in the Top 10 S&P Sector Styles was one of our favorites (REITS) yesterday with the XLRE +1.2% on the day, taking its 3-month gain (since the 10yr has been making lower-highs) to +8.6%; UST 10yr Yield down -1 basis point to 2.87% this morning remains Bearish TREND @Hedgeye, REITS (new) Bullish TREND @Hedgeye since end of Q218 |
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