Goldman's Biggest Bear Flips: "That Is The Only Question You Need To Ask This Weekend"
Heading into this week - the heart of earnings season with nearly half of the S&P500 by market cap was set to report including the FAAMGs - we repeatedly tried to warn readers that with the midterms looming, with buyback blackout period set to end, and with hawkish Fed members in the pre-FOMC quiet period, a meltup was inevitable :
- Wall Street's Biggest Bear Turns Bullish, Expects A Rally Sending S&P500 As High As 4,150
- "What If This Is The Start Of A Bounce": Goldman Trader Lists 10 Factors That Can Propel A Year-End Melt Up
- "The Pain Trade Is To The Upside": 10 Reasons From Goldman's Trading Desk For A November Meltup
- 10 reasons to be bullish
- "Crash-Up" Hedge Demand Soars, Nomura Warns 'Buy-To-Cover' Levels Near As Buyback-Blackout Ends
For the skeptics, we even spelled out the two main catalysts that would push stocks higher: buybacks and forced CTAs short covering