[From The Vault] Cartoon of the Day: Bounce?

10/25/18 02:18PM EDT

[From The Vault] Cartoon of the Day: Bounce? - bounce cartoon 01.12.2016

Hedgeye CEO Keith McCullough in today's Early Look:

Are immediate-term #oversold signals within Bearish @Hedgeye TRENDs the beginning of the next bull market? 

Nope. The immediate-term #overbought signals in some of our favorite longs (US Dollar and Utilities) weren’t the end of their respective Bullish @Hedgeye TRENDs either. 

For those who weren’t positioned for it, this is going to be hard to read, but from a Quad 4 LONG positioning perspective, yesterday was one of the best relative and absolute performance days of 2018.

Click here to get our "Cartoon of the Day" emailed to you for free.

[From The Vault] Cartoon of the Day: Bounce? - cartoon of the day

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.