Takeaway: We are removing DLTR from the Long side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

After last week’s run to lower-highs, I’ll step aside here. The Sector Style (US Retail) is bearish in Quad 4. Happy to revisit our Retail analyst Brian McGough’s long idea lower, if I’m right on the risk management decision here.

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