GOOG Return Rate
Total Assets20260205 indeed the past two days have seen too much of a drop, 7,000 dollars gone in an instant! $SPDR Gold Shares(GLD.US)$Invesco QQQ Trust(QQQ.US)$VG S&P 500(VOO.US)
Stock market winners suffered their worst day in six years. What made the move unusual, according to Goldman.
Wall Street's high beta momentum stocks faced their worst day since the COVID pandemic, as noted by Goldman Sachs. The decline was attributed to a lack of strong earnings revisions and extreme short-term performance technicals. Key stocks affected include Enphase Energy, SanDisk, Lumentum Holdings, and Western Digital. Goldman warned that continued underperformance of past winners could lead to further market pain, despite no signs of panic yet. They recommend short-term hedging due to elevated volatility and positioning in the momentum strategy.
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