Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
Soybeans reflated +2.2% last week to +1.2% year-over-year and are now Bullish TREND @Hedgeye. So if you want to be long the greatest #BeanDeal in the history of bean deals, buy soybeans on the damn dip!
And so it begins… #EarningsSlowing Season, that is. Or shall we call this “Phase 2” of SP500 earnings slowing to negative on a year-over-year basis? It’s too bad everyone doesn’t have a soybean division to guide higher on…