McCullough: The Signal Trumps The Quads (On This #Quad4 Long)

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A subscriber who recently retired from an electric utility company asked how the banking crisis might impact Utilities (XLU) stocks.

In #Quad4, Utilities are typically a top-performing equity sector, but Keith McCullough says you still have to pay attention to the signals.

“The signal says do not buy Utilities,” explains Hedgeye’s CEO in this clip from The Macro Show. “Utilities had peak cycle pricing last year that they have to cycle against, on a revenue comparison and earnings basis, and you’ve got a lot of people who are long them.”

[retro]

I’ve watched Keith present at my firm (buy-side analyst for a large asset manager). He keeps that same energy, funny dude!

[Isaacr]

Keith couldn't be more cocky but I'd love to see his portfolio returns 😅. I doubt he's beaten the S&P last 10 years but he's a good marketer.

[Isaacr]

Tech has been a horrible short this year, 2023....

[avocvice]

Before the Fed was established, the failure of small banks would sometimes put sudden and unanticipated liquidity demands on previously strong banks, causing them to fail in turn. The Fed now insulates the strong from the troubles of the weak. Buffet was right after all. Naah I'm done with the banks. So glad I’m invested in the market already, made over 11btc from day tradng with Christopher Neal Yandell insights and signals in less than 6 weeks, this is one of the Best means to backup your assets

[MarathonCharts]

Je trouve que tous ces info te donneplus que ci tu troubez de l'or.