• HEDGEYE’S MARKET BRIEF
    Our FREE Investing Newsletter
    Get Exclusive Summer Sale Discounts

    By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. Not available for current subscribers to that product. Use of Hedgeye and any other products available through hedgeye.com are subject to our Terms Of Service and Privacy Policy New users only.

Editor's Note: Below is a brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look. 

CHART OF THE DAY: Systematic Bear Market - 11.13.2018 nesting bull and bear cartoon

If you haven’t been a data-driven realist, you’ve lost a lot of money buying what haven’t been dips in Global Equities this year. Even if I look at the Japanese stock market (which peaked right as Quad 4 in Japan started in Q4 in the first week of OCT), what do I see?

  1. Bearish @Hedgeye TREND for the Nikkei with a series of lower-highs (on bounces) and lower-lows (on selloffs)
  2. Japanese Machinery Tool Orders DOWN -16.8% year-over-year in NOVEMBER

Quant-(bearish TREND signal)-Amental (down -16.8% year-over-year growth)!

CHART OF THE DAY: Systematic Bear Market - 12.12.18 EL Chart

CHART OF THE DAY: Systematic Bear Market - early look