On The Verge Of A Systematic Dump: "A Drop > 1% Sees Good Size Selling, A Move >2% Is Gonna Be A Mess"

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by Tyler Durden
Tuesday, Aug 15, 2023 - 07:25 PM

After last week's dovish CPI print (which sent stocks spiking higher before they closed near session lows), Goldman's traditionally bullish flows guru, Scott Rubner, refused to backtrack on his recent bearish posture and with dealer Gamma flipping negative for the first time in 2023...

... he told clients to "sell the CPI", a call which similar to his previous bearish reco, has so far proven correct.