Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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Did I “miss” buying what has sucked royal wind for a head-fake #Quad2 V-shaped-recovery in April and May of 2020? Big time. And thank God for that. Imagine I shorted Treasuries and Gold in early June and bought the Financials (XLF)? I get it. Not everyone does it this way. Alongside my fellow Full Cycle Investors, I am grateful for that. I’m also humbled by the daily opportunity that Darius, Dr. Drake, Jonesy Buds, and I have to not only #educate, but motivate others to think differently about The Cycle too. If you want to be beta, don’t challenge yourself. Just sleep in and pay 9.5 basis points to own SPY. |
