In this instructive clip above from this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough responds to a viewer’s question about positioning right now with the “signal” and the “quads” jumping around.
Here’s the subscriber’s question:
“With the conditional probability of the Quads jumping around, do you see the signal doing something similar? Is there an analog to this time period? From a risk management perspective, do you keep a lower gross or smaller position?
Click for Keith’s response.
Signal – Keith’s multi-factor (price, volume, volatility) and multi-duration (TRADEs, TRENDs, and TAILs) process
Quads – The ROC (rate of change) of incoming data vs. the prior (base effects) of GROWTH and INFLATION