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

  • On Wall Street lots of people come and go. It’s really the Street Smart people that stick around the longest, though. You know - The People who have both the mental humility to learn (quickly) from mistakes and the ability to constantly evolve their #process
  • Now that I know what Factor Exposures (like Long Momentum, MTUM, for example) trump my prior schooling, I understand that, sometimes, I should only like a stock if its “expensive”… and really like a short if its “cheap”, and getting cheaper.

CHART OF THE DAY: In #Quad2, The Bubblier The Better - Chart of the Day