Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
I guess I threw some new subscribers for a complete loop of their own when I covered all my US Equity Shorts on the open again yesterday. Especially for intermediate-term to longer-term Full Cycle Investors, I can completely understand why.
Real-Time Alerts is neither the intermediate-term TREND call nor The Cycle itself. It’s short-term trading!
I not only understand their confusion but empathize with their brains. As human beings, we have way too many cognitive biases. It’s impossible to maintain opposing thoughts across investment durations and execute in a short-term OODA Loop unless you built your process to do that.
Huh? It’s simple, really:
A) You’re either Bullish (Gold and Treasuries) or Bearish (Tech Stocks) from a longer-term Full Cycle Investing perspective … and