Editor's Note: Below is a chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.

CHART OF THE DAY: Fading Old Wall Media Headlines - zwa

“NASDAQ on the cusp of a speedy bear market exit.”

-Wall Street Journal 

That’s the kind of Old Wall Media headline you want to see if you were buying SPY puts on Tuesday. It’s also what you want to see if you’ve been buying the damn dips in Treasuries and Gold this week. 

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CHART OF THE DAY: Fading Old Wall Media Headlines - Chart of the Day