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

The Valuation Experts who have hated Utilities the whole way up “because they’re expensive” had another tough week last week with Utes (XLU) making multiple all-time highs. From a US Equity Sector Style perspective, it was all Quad 4 last week

CHART OF THE DAY: Are You Prepared For #Quad4? - Chart of the Day