03/01/19 12:05 PM EST

MLCO: We Are Removing Melco Resorts & Entertainment from Investing Ideas

Takeaway: We are removing MLCO long from Investing Ideas today.

It's been a nice run for us in a name Todd Jordan’s Gaming, Lodging & Leisure team had right with the right catalyst.

That said, I don’t like the recent data points (rate of change) coming out of our Macau research and this anything-China ramp has been big from a macro perspective.

Happy to revisit MLCO lower.

MLCO: We Are Removing Melco Resorts & Entertainment from Investing Ideas

Cartoon of the Day: Low IQ

ICYMI | Hedgeye Investing Summit: Nancy Davis

ICYMI | Hedgeye Investing Summit: Dan Rasmussen

Market Situation Report: Soft Landing Dreams Fading

CHART OF THE DAY: How Much For A Burger?

Cartoon of the Day: Pending...

WEBCAST | Rooms Where It Happened: Lessons from a Life in Government

Cartoon of the Day: Loose Lips Sink Ships

TERM OF THE DAY: Convexity

CHART OF THE DAY: Ride Your Winners

[FREE ACCESS] HedgAI Signals: 4/10/2024 (Long 30yr, HYG)

Daniel Lacalle: Why the U.S. Public Debt Is Unsustainable and It Is Destroying The Middle Class

ICYMI | Hedgeye Investing Summit: Vivek Ramaswamy

TERM OF THE DAY: PUT PREMIUM

CHART OF THE DAY: US Housing Supply Down Bad

Cartoon of the Day: Nudge, Nudge. Wink, Wink.

Sign up for free: Hedgeye's Market Brief