Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

CHART OF THE DAY: Challenging The Old Wall To Do Better - 01.11.2019 Old Wall report card cartoon  1

There quite literally is no other way for me to make buy/sell decisions anymore. Yes, there are The Quads. In the intermediate-term, they provide me direction on @Hedgeye TRENDs. For immediate-term TRADEs, it’s all about the Risk Ranges.

Has that risk management #process worked?

Yep. In Real-Time Alerts, I’m 41 for my last 45 (i.e. the signals made money) since March the 6th.  I’d be interested to compare those timestamps with anyone in the hedge fund industry. The last 3 weeks weren’t for rookies. You need to know how to ride a bear.

CHART OF THE DAY: Challenging The Old Wall To Do Better - Chart of the Day