Goldman Sachs now sees three consecutive Fed rate cuts this year
- Thread starter Nighthawk
- Start date
Speaking of G&S - their weekly CTA positioning buying/selling was way stacked on the sell side - this was sent last Fri.
CTA Corner
CTA Flows:
• Over the next 1 week…
o Flat tape: -$23bn to sell (-$9bn SPX to sell)
o Up tape: -$11bn to sell (-$5bn SPX to sell)
o Down tape: -$51bn to sell (-$13bn SPX to sell)
• Over the next 1 month…
o Flat tape: -$25bn to sell (-$12bn SPX to sell)
o Up tape: +$49bn to buy (+$3bn SPX to buy)
o Down tape: -$225bn to sell (-$64bn SPX to sell)
CTA Corner
CTA Flows:
• Over the next 1 week…
o Flat tape: -$23bn to sell (-$9bn SPX to sell)
o Up tape: -$11bn to sell (-$5bn SPX to sell)
o Down tape: -$51bn to sell (-$13bn SPX to sell)
• Over the next 1 month…
o Flat tape: -$25bn to sell (-$12bn SPX to sell)
o Up tape: +$49bn to buy (+$3bn SPX to buy)
o Down tape: -$225bn to sell (-$64bn SPX to sell)
A bunch of pussies always crying for bailouts. Just look at the damn chart. We're only back to where we were just 2 months ago! And you expect 3 rate cuts already? Maybe you should have thought twice before pushing the S&P500 up to 5700.
View attachment 345566
Remember what k said. A 25% sell.off only takes the s&p to OCTOBER 2023 LOWS!!!!!!!!!
And when that happens many many people will fleee the markets for a long time....
Very Very Last Thing You Want to Do is a Ratecut Too Soon. Why artificially Prop Up these massively Over Bought, Over Hyped AI stocks. Let them Unwind. Let them scale down to realistic prices and THEN do Rate Cuts to support actual real companies. NVDA is a graphics chip design company (with massive delay issues on AI chip development). Telsa is now an auto company. Intel is a long "past its prime" PC CPU company. Meta is a failed Facebook Company. Google is a "past its prime" search engine who came very very late to the AI game. CrowdStrike may be the most massively over hyped, under whelming company in computer security history. C3.ai is actually called "Carbon 3" with its founder having a bachelor's degree in history and a background in Database middle management. ARM was a Softbank pump and dump play.
Palantir is probably the only actual AI company That is "Traded"
TSM is "the" Chip Company with actual Leading Edge, Cutting Edge technology
OpenAI is the only company that has provided any actual AI advancement
Microsoft is a Full Blown monopoly that really has no competition. It has survived and prospered through each of the 2000 era meltdowns.
Samsung Electronics and SK Hynix will also be very good opportunities after a much needed general market correction, repricing, unwinding
If they start panic rate cutting and allow NVDA to re-start bubbling and crashing..the US markets will have basically become a casino and people will stop taking US markets seriously.
Is the market re-pricing a sudden realization of impending recession. Not at All. The market is undergoing a re-pricing of massively over bought, over hyped AI and Chip stocks and is realizing that EV and smartphones have past their early growth stages. People decided the top was in on AI, Chip related AI and Apple, Tesla. They are dumping massively
Palantir is probably the only actual AI company That is "Traded"
TSM is "the" Chip Company with actual Leading Edge, Cutting Edge technology
OpenAI is the only company that has provided any actual AI advancement
Microsoft is a Full Blown monopoly that really has no competition. It has survived and prospered through each of the 2000 era meltdowns.
Samsung Electronics and SK Hynix will also be very good opportunities after a much needed general market correction, repricing, unwinding
If they start panic rate cutting and allow NVDA to re-start bubbling and crashing..the US markets will have basically become a casino and people will stop taking US markets seriously.
Is the market re-pricing a sudden realization of impending recession. Not at All. The market is undergoing a re-pricing of massively over bought, over hyped AI and Chip stocks and is realizing that EV and smartphones have past their early growth stages. People decided the top was in on AI, Chip related AI and Apple, Tesla. They are dumping massively
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