Reports on a note from Goldman Sachs on Monday (US time) on the prospects for US equities to rally over the next four weeks:
pain trade for equities is highercite trend-following rule-based systematic funds have shifted from $450 billion long in July to $250 billion long currently and are in the process of re-leveragingand, further, potential ‘green sweep’ for commodity trading advisers (CTAs) could result in significant stock buying activity regardless of market directionand, even more, equities underpinned by corporate buybacks
This article was written by Eamonn Sheridan at www.forexlive.com.
