After some indigestion on Thursday, when stocks hit an all time high only to tumble as Nvidia's explosive move higher soaked up all the oxygen in the room, the S&P managed to rebound on Friday although the broader market closed flat on the week, as investors have been digesting constructive growth indicators and hawkish Fed speak, both of which suggest rates will remain higher for longer. Bitcoin Sensitive Stocks, Renewables, and AI Enablers outperformed on the week, while China ADRs, Copper Miners, and Regional Banks were among the biggest losers.
And, as we show every week, here is a rundown of what all the various parts of Goldman’s giant trading desk did and saw in the past week (full report available to pro subscribers).
