• [WEBCAST] Mega Market Trends: Risk Is Rising → Here’s Our Investing Playbook

    Hedgeye CEO Keith McCullough hosts this exclusive quarterly webcast for subscribers on Tuesday, May 21st at 2:00pm ET. For access, upgrade to Hedgeye Risk Manager today and save $800.

Editor's Note: Below is a chart (and excerpt) from today's Early Look written by Hedgeye CEO Keith McCullough.

CHART OF THE DAY: Reiterating #Quad4 - zzx

If you want to A/B test your portfolio from a Factor Exposure perspective (instead of just from a long/short Sector Exposure perspective), 2 of the worst places to be in Quad 4 remained the same last week: 

A) HIGH BETA stocks were down another -3.4% last week and are down -12.3% in the last 3 months alone
B) TOP 25% EPS GROWTH stocks fell another -3.7% last week and are down -10.4% in the last 3 months alone
*Mean performance of Top Quartile vs. Bottom Quartile for SP500 companies 

Meanwhile a textbook Quad 4 asset allocation, the Long Bond (TLT), rose for the 3rd straight week with the UST 10yr Yield down for 3 straight weeks to 3.04% and both Utilities and REITS continued to outperform their Quad 4 aforementioned Sector Style options.

Reiterating #Quad4

CHART OF THE DAY: Reiterating #Quad4 - z chat