CHART OF THE DAY: Red Lights Emerging

02/09/21 08:05AM EST

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

Today (and yesterday, all day) was a day to be selling.

Yep, as greenlights (low-end of my Risk Ranges) turn into yellow lights (top-end of my Risk Ranges), I de-gross and tighten up my net. Net Long exposure, that is.

What are you going to do today? What did you do yesterday?

Whatever you did, make the best probability-weighted decisions within the risk managed rules of your hard-earned #process and the beautifully new and interconnected data you’ve received.

CHART OF THE DAY: Red Lights Emerging - Chart of the Day

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