Goldman Sachs Position Indicator showing Extreme Light Positioning!

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It’s not positive for the stock market. Possibly very bad.

The Goldman Sachs indicator relative to the S&P 500 SPDR is pointing down, which means that GS stock is weaker than the overall market.

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That happens when investors are not bullish on the business prospects of securities firms that depend on capital markets revenues.


h/t InvstNOW

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