Takeaway: We are removing V from the long side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

Visa is a consensus long (for the right reasons Financials analyst Josh Steiner thinks), but I think we can come back to this one lower as SPY Beta has gone from Bullish to Bearish @Hedgeye TREND. 

***No change to Financials analyst Josh Steiner's fundamental long thesis on Visa (V).