Top Goldman Trader Says Risk/Reward Of Being Short Here "Seems Pretty Attractive"

Since last month’s CPI report, Goldman Sachs top trader, Lee Coppersmith, notes that we have seen some shifts within the US equity market both at the index level and beneath the surface.

The Russell 2000 index has led, while NDX is roughly flat – and this has opened up more discussion around ‘catch-up’ vs. ‘catch-down’ risks.