Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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Don’t worry, I’m not using cherry-picked total return dates for these examples. I’m using what our now-casting risk management #process chose as timely (yes, market timing matters) long vs. short ideas. We went bullish on US Housing on SEP 27, 2018. And how about the now-cast of what’s been widely proclaimed to be a “better than expected” Earnings Season (pre McDonalds, MCD, and Texas Instruments, TXN, getting tagged in the last 48 hours?)? I sincerely hope that your in-house experts aren’t horrific forecasters this earnings season. After “better than expected” progress on a #BeanDeal and Brexit (or not?), the rest of your stock and sector picking #EarningsSlowing season is going to depend on it. |
