Many indicators in the data analysis are at low levels, so slowly building a position shouldn't be a big problem, just control it reasonably. Next Monday, Powell will speak, and the ADP nonfarm and nonfarm payrolls are both crucial. It's unclear if Powell can be dovish and moderate on Monday. Combined with Trump's taco, there should be an expectation, but it may not be sustained. We still need to refer to the data to see.

LongPort - Goldman Sachs
Goldman Sachs

Fear Index Off the Charts, Hedge Funds Selling Off! Goldman Sachs Trading Desk Warns: "Outlook for US Stocks Not Optimistic"

Goldman Sachs traders have warned that the outlook for US stocks is not optimistic, as the S&P 500 has fallen for five consecutive weeks, setting a rare historical record. The fear index reached 9.2, remaining in the "fear zone" for 17 consecutive trading days. Although systemic selling pressure is nearing exhaustion and pension fund buying is emerging, market fear remains high. Hedge funds have been net sellers of US stocks for six consecutive weeks, and net leverage has seen its largest decline in nearly a year

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.