HedgeyeReviews of hedgeye.com

At first I thought I was one of the few to find Hedgeye research a little bias and unaccountable. Based on the 1 star reviews, I see I am not alone. I had asked various times to get explanation about trades they put out in their RTA(Real Time Alerts) and was always ignored. Keith would never address his wrong/bad calls and boasts about the ones that went right. Very pompous! I stuck with them because I try to always look inward and learn/work harder. Recently I had to ask about a couple of their RTA's because they were just so off the mark. I got the rudest, pompous, snarky answer from one of their "customer service" staff (Dan Holland) Please see for yourself: Hi Ramin. Congratulations on sending us the most misinformed and embarrasing email we’ve received in a long time. After you finish reviewing the last 75 Real-Time Alerts below going back to early February, you may want to review your poor analysis and poor attitude. If you’re still unhappy with RTA and how we’re risk managing Quad 4, we are more than happy to cancel your subscription today and refund the remainder of your subscription. Regards, Dan Mind you I was not questioning their prior RTA's, only a couple recent ones that were way off the mark. I made gains with them prior. I did not need a refresher of the history. After I showed my disappointment with the way he spoke to me, and gave some not so kind words to him, he just cancelled my membership. (Not what I wanted at all) Rude Vague in some sense Other than that they do have a great research team, the customer service could use great improvement!

I have a degree in Business & Finance and I manage capital in the financial markets for years. A couple of years ago I have heard someone naming Hedgeye and at the time I have decided to subscribe to their full service for 1 month, just to see how they do. The following is my own personal measured experience: From the first/second day of my subscription I realised how (to me) illogical and destructive their system is: 1) There is not a measurable trading/investment plan. 2) There are not measured and risk-waited watchlists. 3) There are not portfolios. 4) Therefore, there is not a risk management program. 5) Also, there is not a past performance analysis (measurable results of profit or loss, over a period of time; week, month, year, 5 years...) of the application of their system. 6) Therefore, it ends up being just wild guesses and words said and then forgotten/denied. 7) Even more: as there is not a measurable tracking or proof of the loss they generate they change their word as the markets move. As for Spot Gold: at the beginning of my 1 month subscription the owner of Hedgeye was saying that he was expecting Spot Gold to go down, but my data was signaling high probability of it to go up sharply. I of course followed my data and bought a measure quantity of Spot Gold with a 30 day trading objective. After just 7 days the Gold actually went up by 5% and I closed my position. After that sharp move of the Spot Gold, I was astonished to see the owner of Hedgeye stating that he had said that it would go up, while in reality he had wrongly said that it would go down. That might seem unreal, but it was my honest experience. There is not excuse for lying and fooling people, inducing them to loose the money they earned with their hard work. You can read similar experiences in many other reviews. If you still want to pay for seeing it with your eyes, please do the following: - subscribe just for a very short period (on month and remember to turn autorenewal off!!) - use only a broker DEMO Account to try to trade their ideas (if you really want to try) Thank you for reading

"If you get rates right you get everything right" - Keith McCullough, founder. Hedgeye and their legion of analysts are a fake sense of security, they are only faded momentum chasers. 'Risk Ranges' are glorified Bollinger Bands, nothing to be paid for. March 2021 - 'MSOS is the biggest position in my portfolio', it's down 63% since then. He was short energy in Nov 2021, horrible! His bitcoin tracker changes 'trend' after a 40% move at which point you have either lost all your money or totally missed it. Useless. He got rates all wrong in 2021, missed the greatest bull between March and June in 2020 while the fed and treasury were printing mad money, and went into recession mode in Nov 2020 (worst call of all time). He disguises all if this by blocking people on social media so its very difficult to find other users to get honest due diligence and then covers up some more with glorified 'thanks coach' and other hockey rhetoric with his childhood buddy 'Jonesy' who shows up hung over every morning on The Morning Show. If he was any good he would run real money instead of recycling subscribers. Think about it, folks. Avoid at all costs.

If you look at the products Hedgeye offers, at first it looks like it is too good to be true: "real time" alerts, "Risk Ranges" for just a just small amount of money. CEO Keith Mc Cullough has a very convincing way of "coaching" you through the markets. In the end it actually seems too good to be true in my opinion: What Keith does is he always Cherry picks the winners, ignores the losers and even gets annoyed and agitated when you ask a basic question about a losing trade. On twitter Keith Magnifies Praise (retweets), and reduces critique by simply blocking anyone who dares to question him. Check his twitter feed yourself to simply find out yourself. It just doesnt look like the place to be for good and open debate. And do not be fooled: Although he pretends to be trading actively, he actually runs a media company not a fund, so he sells subscriptions. He might own a Robin Hood account with 500 dollars max, who knows.

Watch out for these guys. They are unscrupulous. I requested that my subscription be cancelled and refunded in December 2020 (it was ending in March). They said that they could not offer refunds, but that they would turn off the auto renew (I have email evidence from their Sales Director Matt Moran stating this). Sure enough March comes along and they charge my card (which they kept on file). I have now emailed them 4 times over the last couple of weeks requesting that my money be refunded, with no reply. This is how they operate, be careful. What ever you might think of them, just make sure that you take your credit card information off their system or you might be sorry.

Real time alert is not a useful tool for portfolio management since: 1) It does not really give you the real-time price, per se, as the executed price it shows would lag by a few minutes and the difference between the shown executed price and true real time quote can sometimes be sizable (i.e. 2 to 3% if the stock is a small cap company or the market is volatile). 2) The calculated so-called hit rate it shows on the website provides little use in real portfolio management since oftentimes the gains are quite small (i.e. less than 2% or even smaller if it is a day trade) but some losses are astronomical (i.e. more than 30% after signalling twice which means over 60% losses on the original position), wiping out the accumulated gains from a lot of closed signals. If you calculate the RTA's overall performance by assuming an equal weight for each issued signal, the aggregate return is deeply in red year-to-date. If you intend to use the RTA to broaden your selection base of stocks/ETFs or to haunt for some small or medium cap names to trade, it does provide some values and I hope you can have a better experience than I did. The RTA product provided by Hedgeye is far more inferior than the other two products I have been using from other institutions and I will not renew my membership after the current subscription expires. Another tip is to try to avoid from paying the yearly membership as I did from the get-go even though the website claims some hefty discounts for annual subscription option; instead, try it on a monthly subscription first to see how well it fits into your investment or trading style. If you like it after using it for some time, then convert to annual subscription or otherwise cancel it as soon as you realize it has little value for you - it took me a month or so to conclude that RTA is not worthwhile keeping but I am now stuck with a paid annual subscription.

This is very similar to a cult.

Keith McCullough was bearish on the S&P 500 from March 23rd to June 5th, a 43% rally. Then, he went bullish. Keith McCullough was saying "Fine! Go ahead. Buy the highs!" sarcastically the whole way up, and "What could POSSIBLY go wrong?" as if the S&P 500 would crash every day of the week. Keith McCullough just went bullish on the S&P 500 Friday June 5th, AFTER the 43% rally!! Keith McCullough said the range for WTI was $10-$18. He said short it. It went to $35, a total disaster if you did what he said. Keith McCullough's style of power selling sounds like he's recruiting direct marketers for Amway. He sounds like he's selling Herbalife products in a hotel conference room. Keith McCullough is very arrogant. He makes it sound like he's right about everything, and anyone with a different opinion is wrong, incompetent, stupid, or lying to you. That is BS. The truth is that Keith McCullough gets it wrong most of the time. His presentation is entertaining, convincing, and manipulative.