3 Changes to Investing Ideas → Removing PINS, ITHUF and CNQ Longs

05/28/19 10:44AM EDT

Please note that Hedgeye CEO Keith McCullough has removed the following three tickers from Investing Ideas today. Below are three brief explanations behind his decision.

Pinterest (PINS)

On today’s bounce I’ll take my medicine on this in II. I risk managed it well in Real-Time Alerts (short-term product), but don’t want to be holding HIGH BETA and TECH/COMMS Factor Exposures as The Machine prices in a Quad 4 Scare in Q319.

* No change to our analyst's fundamental call. Click here to read the original report.

iAnthus Capital Holdings (ITHUF)

Post a 2-3 day, slow-volume, stock market bounce to lower-highs I’ll take my medicine on this one too. I don’t want to be holding HIGH BETA and CANNABIS Factor Exposures as The Machine prices in a Quad 4 Scare in Q319.

I’d like to revisit our Research Team’s favorite pot stocks later this summer.

* No change to our analyst's fundamental call. Click here to read the original report.

Canadian Natural Resources (CNQ)

Post a 2-3 day, slow-volume, stock market bounce to lower-highs I’ll take my medicine on this last Energy Long.

I don’t want to be holding HIGH BETA and ENERGY Factor Exposures as The Machine prices in a Quad 4 Scare in Q319.

I’d like to revisit our Research Team’s favorite Energy stocks later this summer

* No change to our analyst's fundamental call. Click here to read the original report.

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