The Bearish (And Bullish!)
In this clip from Tuesday's edition of The Macro Show, Hedgeye CEO Keith McCullough flags some the many signs in the market that reiterate the environment the U.S. stock market is in: #Quad4
And it's not just bearish signals like in Commodities, interest rates and Nvidia's Risk Range Signal; McCullough also touches on the bullish Quad 4 signals that are getting Hedgeye Nation paid.
"Commodities are, by and large, front-running the U.S. stock market on Quad 4. I don't care if I short soybeans or the XLK. In the sectors that we like...Utilities are up 12% already for Quad 4-to-date," McCullough says.
"Pay attention. The way to capitalize is not through the lens of whining and crying about other players and how they play the game. It's buying gold. It's buying bonds. It's buying utilities and all of the things we've told you to going back two months."
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