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    A Decade of Revolution Declare Your Research Independence

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

CHART OF THE DAY: (Still) Bearish On China - zzchi

  1. China remains in Quad 4 (since JAN) where selling all bounces at the top-end of the range continues to make money
  2. USA remains in Quad 4 (since OCT ) where selling all bounces at the top-end of the range continues to make money 

Then I bring in the big macro fundamental analysis and ask the following questions: 

A) Are the base effects for the US and Chinese economies steepening or easing in Q4 and then in Q1?
B) Is the most recent series of economic data points accelerating or decelerating into those base effects? 

Then I write to you about what all of this is going to lead me to do (and, if its compliant, I’ll execute some of the same positions across my personal accounts). 

RULES: Add to long positions confirmed by both research process and market signals. Add to short positions confirmed by both research process and market signals. And do nothing for others. 

CHART OF THE DAY: (Still) Bearish On China - 11.28.18 EL Chart