Takeaway: We are removing WSM from the short side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

I thought I’d get a bigger correction in this stock after it got squeezed. Evidently I thought wrong. We’ll come back to this name, potentially, at a future date.

***No change to Retail analyst Brian McGough's fundamental short thesis on Williams-Sonoma (WSM). Click here to read our analyst's original report.