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

Below is a brief note from Hedgeye CEO Keith McCullough:

Now that we’ve had 3 excellent selling opportunities (since September) and markets are Quad 4 red (again) today, I’ll take off one short that hasn’t been performing to our standards as of late. Easier to ride winners. 

**There is no change to our Retail analyst Brian McGough's fundamental short thesis on Foot Locker (FL).