Along with modest weakness in the US equity market over the past week - which accelerated rather brutally in Wednesday's violent and pervasive selloff - the Momentum factor saw a painful reversal in trend (-1.8% vs. +15.0% YTD) and Growth continues to be the worst performing factor this year (-9.5% YTD) after declining by 1.6% during the past week.
Given this backdrop, below Goldman's increasingly bearish trading desk (see "We Are Increasingly Bearish" Goldman Trading Desk Warns Amid Record Hedge Fund Degrossing As AI CapEx Bubble Bursts") screens for what it believes are still fundamentally strong names where investors could position for upside through options based on their view for either a momentum-continuation or momentum-reversal.
