Goldman Sachs Trader: ~5% Pullback is Typical Year-End Seasonal Volatility, Upside Potential Still Exists Before Year-End
BlockBeats News, November 9th. Goldman Sachs believes that the recent 5% pullback in the US stock market is a typical year-end seasonal fluctuation in the AI cycle, rather than an abnormal signal indicating the end of the uptrend. Goldman Sachs traders pointed out that despite the market experiencing a pullback, there is still upside potential before the end of the year. Due to the combined effects of seasonal factors, the early stage of the AI investment cycle, and relatively light institutional positions, the index still has the potential to move higher.
Goldman Sachs Fixed Income, Currency, and Commodities trader Shreeti Kapa stated that a 5% decline at this time of year is a normal occurrence in this cycle, and although the market has experienced a strong rebound since the April low, overall, it has not been "excessive." (Straits Financial News)
You may also like

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?

After 18 years, blockchain has finally started to head towards the main channel

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026

Paul Graham: How to Make a Billion Dollars

If the AI bubble has already burst, who will truly remain?

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

What is the connection between Huang Zheng of Pinduoduo and blockchain?

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

a16z Crypto Partner: Cash flow is the moat

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?






