• [WEBCAST] Rickards: How To Protect Your Wealth (When This Bubble Bursts)

    Outspoken author and investor James Rickards has a pro-to-pro discussion with Hedgeye CEO Keith McCullough live Friday, July 26th at 10:30am ET. Replay available after the interview.

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

"With China and Gaming stocks signaling immediate-term TRADE #oversold within their respective Bearish @Hedgeye TRENDs, I think this is a good spot to book some gains in the BYD short," writes Hedgeye CEO Keith McCullough. "It’s been a good absolute and relative short vs. both the US Consumer Sector and the broader US Equity market since we put it on. We can always come back to it at a higher price."

***No change to Gaming, Lodging & Leisure analyst Todd Jordan's fundamental short thesis on Boyd Gaming (BYD). Click here to read our analyst's original report.