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

How many minutes do you think it takes me to write that to our premium Institutional Research subscribers every morning? A: 9-12 minutes. It takes me 12-15 hours to do all the work that gets me to summarize particular points, however.

That’s the most important thing in fractal math too…

It’s not the Old Wall “average” of things … or the “valuation” of the thing. It’s the particular rate-of-change thing at a particular time in The Cycle that matters most. 

That means that if:

  1. You saw the particular USD SELL signal I got loud about in May … or
  2. You saw the particular BUY Commodities, EM, FX, etc. signals in June … that
  3. You’re probably too busy to read this every morning because you’re measuring and mapping all of that too!