Goldman Traders Say Market Enters December With ‘Cleaner’ Setup
PositiveFinancial Markets

- Goldman Sachs' trading desk indicates that the S&P 500 is entering December with a 'cleaner' setup, as the market appears to stabilize with reduced volatility and improved market breadth, despite ending November nearly flat.
- This development is significant for Goldman Sachs as it reflects a shift in market dynamics that could lead to increased buying activity from trend-following strategies, potentially enhancing investor confidence in the S&P 500's performance.
- The broader market context reveals ongoing discussions about the impact of artificial intelligence on growth, with various firms adjusting their targets for the S&P 500 amid fluctuating investor sentiment and economic challenges.
— via World Pulse Now AI Editorial System




