Featured

Record Volume, Zero Liquidity: Exhausted Goldman Traders Warn "Any Positive Headlines Are Met With Explosive Reactions"

What a week of trading today was.

First, let's start with a recap of today's rollercoaster:

  • S&P closed 5062, down 23bps, or rather boring... until you realize that the S&P had an intraday swing of 8.5% (from down 5.6% overnight to up 3% on what was allegedly a fake headline). Futures are up another 1.3% after the bell.

via April 7th 2025