Jeremy McLean

We outlined the Bear Case on $HELE last week in our deep dive Black Book. Subscribe to our research to watch the replay and find out why it's still heading lower. @HedgeyeRetail landing.hedgeye.com/retail-brian-m…

Hedgeye Launches New Mobile App, Giving Investors Instant Access to Market Research 🚨 FOR IMMEDIATE RELEASE Stamford, CT – [March 4, 2025] – Hedgeye Risk Management is excited to announce the launch of the Hedgeye App, a powerful new tool that puts Hedgeye’s market-leading investment research directly in the hands of subscribers. Available now for free download on both the Apple App Store and Google Play, the app delivers a seamless, on-the-go investing experience. With a clean, intuitive interface, the Hedgeye App makes it easier than ever to find the content you care about from Hedgeye’s vast daily research production. The app will help investors to stay ahead of important market trends, manage risk, and make smarter, data-driven decisions—all from their mobile devices. Hedgeye’s "Go Anywhere" full-cycle investing strategy and approach is now truly everywhere—giving users the ability to: ✅Receive real-time notifications on the latest actionable research and investment ideas ✅Watch or listen to The Macro Show, The Call, and other HedgeyeTV programs anytime, anywhere ✅Bookmark and save favorite research reports for easy reference ✅Access complimentary content like "Real Conversations" and additional research insights to explore Hedgeye’s research before subscribing While subscribers unlock full access to Hedgeye’s deep research and market insights, non-subscribers can still benefit from the app by accessing select free content, including market commentary, interviews with top investors, and a preview of Hedgeye’s research. It’s a valuable way to experience Hedgeye’s trusted investing process before committing to a full membership. "Investors need reliable, real-time insights to navigate today’s fast-moving markets," explains @KeithMcCullough, Founder and CEO of Hedgeye. "The Hedgeye App gives our subscribers instant access to my team’s research and risk management tools they need to protect and grow their wealth—anytime, anywhere." Download the Hedgeye App today on the App Store or Google Play, and take Hedgeye’s market signals, macro insights, ETF and stock ideas, and portfolio coaching wherever you go. Apple ➡️ apps.apple.com/us/app/hedgeye… Google ➡️ play.google.com/store/apps/det… ABOUT HEDGEYE Founded in 2008, Hedgeye Risk Management is an independent investment research firm trusted by institutional and retail investors worldwide. With a team of over 40 seasoned analysts covering more than 1,000 stocks and ETFs across 20+ sectors, Hedgeye delivers in-depth, data-driven insights to help investors navigate and profit in any market condition. The firm is renowned for its risk management approach, combining macroeconomic research with bottom-up stock analysis to provide clear, actionable investing signals.

The $BBY management guide doesn't include the already implemented tariffs. Does it also not include the deterioration in the consumer seem over the last month? or that 'Ai products' aren't really a thing? Weird guide process from $BBY here. Bearish.

LIVE on The Call with Jeremy @HedgeyeRetailJM reviewing 3 big SELL calls on US Retailers

Fed Rate Cut Coming? The Market Just Sent a Clear Signal 💰 Hedgeye’s proprietary signals are detecting a shift in the U.S. economic outlook, driven by a notable drop in the 2-year U.S. Treasury yield. 🔊 Our Macro team is now forecasting a period of disinflation—an environment that could pave the way for a Fed rate cut. “As Mandelbrot taught us, it’s the particular thing that matters in clock time, market time, or cycle time,” explains @KeithMcCullough. “And if you look at what’s happened in the last 48 hours, my Fed front-runner—the 2-year bond yield—broke down through trend.” * * * * * Download @KeithMcCullough's new, 52-page eBook "Master The Market" and learn the proven process behind smarter, risk-managed investing. Get it FREE here: insights.hedgeye.com/master-the-mar…

Volatility Warning: What a Rising $VIX Means for Your Portfolio 📊 We're closely monitoring the VIX as it hovers around 20—a critical threshold that could determine whether key sectors remain "investable." 🔊 Hedgeye Macro analyst Ryan Ricci @HedgeyeAI breaks it down in this clip from “The Macro Show” with @HedgeyeDJ and @HEDigitalAssets. "If the VIX moves above 20, it could climb toward 25 and beyond, leading to a broader market drawdown," Ricci explains. "But if it continues to fail at 20, we could see a significant upside move—especially with Nvidia’s earnings on the horizon. The key takeaway? We’re not buying into bearish trends." Ricci also highlights current bearish signals in Bitcoin and cryptocurrencies, where Hedgeye’s proprietary risk indicators advise investors to stay out. * * * * * If you haven't already, make sure to download Hedgeye CEO @KeithMcCullough's new, 52-page eBook "Master The Market: A Hedge Fund Manager's Guide to Process and Profit." Get it free here: insights.hedgeye.com/master-the-mar…

Gold vs. Bitcoin: Navigating The Risk Divergence 📈 A reminder that you don't need to wear a drawdown in Bitcoin (or any asset for that matter) just because someone with "laser eyes" says to buy and hold at all times. At Hedgeye we manage risk, and if you did that properly, you would have handled the 1700 basis points divergence between gold $GLD and Bitcoin $BTC in February. That difference was fueled by a #Quad4 environment - but one that could soon be reversing. "Bitcoin is trying to make up its mind. It's got 3 or 4 days left of that. So what do you do? You wait and you watch," Hedgeye CEO @KeithMcCullough explains in this clip from "The Macro Show." "Everything is a number. The question is, do you see it?" * * * * * You can download Keith's new, 52-page eBook "Master The Market: A Hedge Fund Manager's Guide to Process and Profit" for FREE here: insights.hedgeye.com/master-the-mar…

McCullough: U.S. Dollar Weakness Could Trigger Market Correlation Risk 💰 Hedgeye CEO @KeithMcCullough flagged a growing divide between the U.S. Dollar and the S&P 500, gold, and more in this important clip from Thursday’s edition of "The Macro Show." 🔊 With Hedgeye forecasts calling for a renewed rise in inflation starting in March, McCullough reminds investors to keep a close eye on how the dollar behaves in relation to markets and other assets. “If you thought we had inflation accelerating before with a strong dollar, wait until you see what happens when the dollar breaks down and continues to break down,” McCullough says. “It shouldn’t be unnoticed or unsaid that my signal got me out of the U.S. dollar weeks ago and got me into the [Japanese] Yen.” * * * * * Unlock Keith McCullough’s ultimate guide to investing with "Master The Market: A Hedge Fund Manager’s Guide to Process and Profit." Download this FREE 52-page eBook now 👉 insights.hedgeye.com/master-the-mar…

The Market’s Most Bearish Signal Right Now ⚠️ A key Hedgeye Risk Range Signal™ just flipped: Nvidia $NVDA is now in a Bearish trend. 🔊 In this clip from "The Macro Show," Hedgeye CEO @KeithMcCullough breaks down why this shift matters. NVDA’s massive weighting in the market drives major moves—on Tuesday alone, it traded 254 million shares, accounting for nearly 12% of the S&P 500’s total upside. Yet, despite recent gains, NVDA remains in a Bearish trend. "In fractal math, we call these emergent properties—developments that set up the next pattern," McCullough explains. "What’s the next pattern? The stock market blowing up? Nvidia has already blown up." * * * * * * * Stay ahead of market shifts. Download Keith's new, 52-page eBook for FREE and see for yourself that there's a better way to protect and grow your money: insights.hedgeye.com/master-the-mar…

We're reviewing HOW and WHEN Kohls $KSS should go bankrupt @HedgeyeRetail @HedgeyeRetailJM

WATCH | Why DeepSeek Triggered $1 Trillion Market Crash Today 🚨 @KeithMcCullough sat down w/@davidlin_TV to discuss the market selloff that China's DeepSeek triggered, his outlook for Fed policy, the "Trump Trade" and growth sectors to watch in 2025. app.hedgeye.com/insights/16149…

@ConsensusGurus @assumestupidity @hntrbrkmedia Well you're implying causality I'm not sure is there. It most likely wasn't for 1/3 sales, would need when reached out and with what detail to vet the other sales. And if i was paid heavily in options and the stock doubled in 6 months, id probably sell some too.

@HedgeyeRetailJM @assumestupidity @hntrbrkmedia Size shouldn't matter as this would seemingly be black and white.

Oh look, three more $RH insiders liquidating their ownership with company leverage and forward earnings multiples at record highs in a housing-dependent sector as housing rolls over: Chief Accounting Officer sells 92% of shares held Chief Merchandising Officer sells 100% of shares held Chief Legal Officer sells 100% of shares held

@ConsensusGurus @assumestupidity @hntrbrkmedia Still wondering when. The bigger sale was prescheduled on Oct 7th. I'm guessing not before then.

@HedgeyeRetailJM @assumestupidity @hntrbrkmedia x.com/SammyKoppelman…

@ConsensusGurus I agree on Pending. The Existing Home Sales will be a leading indicator of the furniture demand, suggests this quarter should show a material acceleration... lots of variables to potentially impact 1Q25 demand direction.

Existing home sales utilize the rear view mirror, you need to be looking at pending home sales, which fell in December the most since 2022:

@SammyKoppelman When did you reach out?

Can confirm these sales took place after we reached out for comment

@ConsensusGurus Rate of change means everything. Sales are already accelerating for $RH before the EHS improvement. Could 30yr rates rising stall the turnover? maybe. But not the case as of Dec.

@HedgeyeRetailJM Sales picking up at these levels mean next to nothing. Commentary from the major builders (and in select cases the media appearances by brokerage CEOs) point to continued issues.

$RH with just a wee bit of downside trading at 72x P/E as housing shows signs of turning over

@ConsensusGurus @assumestupidity When @hntrbrkmedia ?

@HedgeyeRetailJM @assumestupidity Several times, and before the sales, according to Hunterbrook.

@ConsensusGurus @assumestupidity When did they reach out?

@assumestupidity @HedgeyeRetailJM CMO and CAO yes, big sales. CLO? Not so much, but comes on a discretionary basis after learning of a short report in the works?

💰ICYMI: Six Hedgeye analysts shared their top stock ideas with Hedgeye CEO @KeithMcCullough during our popular webcast "The Pitch" yesterday. You can watch it on-demand free: tinyurl.com/5f66ay7n 🔊 “This is a consumer brand that has better growth potential than any I’ve seen in my career.” – Brian McGough, @HedgeyeRetail analyst on long Warby Parker $WRBY “This is a mature software company that’s barely earning its cost of capital.” – Andrew Freedman, @HedgeyeComm analyst on short Informatica $INFA “This is a conservative double, if not a triple, by 2027.” – Bennett Cheer, Hedgeye Restaurants @HedgeyeFood analyst on long Papa John's $PZZA “This is a one-hit-wonder company likely heading close to zero.” – Emily Evans, @HedgeyeEEvans Health Policy analyst on short Moderna @MRNA “Coinbase is leading the adoption of digital assets and stands to benefit massively.” – Ishmael Asad, @HEDigitalAssets analyst on long Coinbase $COIN “This is one of the best-run natural gas operators, with a clear path to growth.” – Fernando Valle, @HedgeyeENERGY analyst on long Range Resources $RRC *****Watch the full webcast free on-demand: tinyurl.com/5f66ay7n