Goldman Sachs: interesting data on the market

Hedge funds bought stocks on dips, Goldman's panic index signals a coming low, and buying the S&P500 after a 5% drop is considered profitable.

By the SpyStocks desk · 2y ago · 1 min read

A few interesting data points coming to us directly from Goldman Sachs -

1) Hedge funds bought stocks on sharp dips last Monday at the fastest pace since March.

2) Goldman's panic index signals great panic - the previous times this happened, we were close to a fairly significant low followed by rallies.

Will it happen again..?

3) Goldman estimates that buying the S&P500 after a drop of more than 5% is usually profitable.

Interesting and thought-provoking data, what do you think?

(Images attached)

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