Review of Hedgeye Risk Management, LLC

3 years ago

HEDGEYE REVIEW:

HEDGEYE REVIEW:

I subscribed to the Hedgeye "Macro Show" in late December 2018. Between then and now (mid-March 2019) the stock market has rallied almost non-stop. And this WHOLE time Hedgeye has advised me to NOT invest in the S&P 500 rally, and SHORT many indexes including industrials and tech. Really terrible advice.

Risk Ranges(RR) are in the Macro Show. Risk Ranges are the buy price and sell price for gold, REIT index, copper, bonds etc. You are told to buy low and sell high.

I invested using the RR many times. I bought the low end of the range, but often it went LOWER and lost money. The Hedgeye Risk Ranges are unreliable.

For example, low end of the RR for gold was $1320. I bought. The price of gold dropped right through that to $1294, and then down to $1283. I bought the low end of the RR, but it lost money. It didn't work. It stopped out at a loss.

Hedgeye Risk Ranges are unreliable, and their investment advice really sucks.