We went max gld/gdx/gdxj yesterday as tweeted. 4 main reasons: 1) #GOLD and miners below low end of @Hedgeye risk ranges and bullish trade/trend
2)bond yields at upper risk range
3)@KeithMcCullough went max long(macro pro subs see his pa trades 4) @HedgeyeDC on THE CALL yesterday
Said very little progress was being made on debt talks contrary to what the MSM was saying.
BTW,THE CALL is awesome. Case in point. This am @HedgeyeIndstrls said that Deere's numbers were not as bullish as earnings headlines implied. We shorted DE in our PA at the open at $389
(Above top end of RR) and closed it 2 hours later at the low end of risk range($364) also before debt ceiling news so it wasn't luck. We aren't trying to brag but to show u if u use @Hedgeye tools, you can do this without @KeithMcCullough's hand holding.
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