Goldman: The Nasdaq Is Off To Its Best Start Ever, But Folks Are As Long As They Have Been All Year

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by Tyler Durden
Sunday, Jun 18, 2023 - 05:25 PM

By Tony Pasquariello, head of hedge fund coverage at Goldman Sachs

The past month has featured an element of animal spirits that haven’t been present in the market in a while. The past week, specifically, has seen S&P blow through the top end of a long-held trading range and decisively take out the highs of last August. 

It hasn’t been subtle where all this torque has come from: