The Near Term Pain-Trade Remains Higher From Here; Goldman's Flows Gurus

Earth, Wind & Fire must have been singing about this September – up over 3% MTD, the trajectory of this month will likely continue according to Goldman Sachs flows gurus, Gail Hafif, Brian Garrett, and Lee Coppersmith.

While the technical set-up does not indicate a “no holds barred” green light, it does support continued upside from here.