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Keith McCullough, founder / CEO at Hedgeye Risk Management, signaled a buy on a software company via the firm's Real-Time (Coaching) Alerts and Sector Notes. The alert was highlighted by Freebird of HedgeyeComm, emphasizing active monitoring of sector developments.
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McCullough recently updated risk range signals for 36 long and short ETF positions over the weekend, according to a previous Hedgeye report. Earlier, he reported a 0.04% dip from all-time portfolio highs while noting Brazil's relative underperformance and Colombia's gains, as detailed in an earlier update. These updates provide context for the latest software sector alert.