Perma-bull pundits on Old Wall TV often holler at investors to “buy stocks,” as if there's no distinction to be drawn between sectors, indices, etc.
Our subscribers know that there’s (a lot) more to it. Protecting and growing your wealth involves more than a simplistic, one-size-fits-all, “Buy stocks!/Sell Stocks!” binary approach you hear all day on CNBC (if your TV isn’t on mute).
“We don’t talk about ‘stocks’ and what ‘stocks’ are going to do. That doesn’t really mean anything,” Hedgeye CEO Keith McCullough explains in the clip above from The Macro Show.
“What we want to do is buy the right sectors within the stock market. And there’s always going to be a top three that we want to buy, depending on what quadrant we’re in.”
What are those top three sectors? Watch the full clip above.