Goldman Sachs trading desk, not a single bottom-fisher!
Goldman Sachs' TMT trading desk's brief commentary pointed out that market sentiment is sluggish, with investors eager to reduce their positions and almost no one buying. Although the bulls are defending their stance, actual actions indicate they are hesitant to take over. The impact of NVIDIA and options has intensified market volatility. As hardware shifts to software, Apple becomes a beneficiary. Overall sentiment is shocked, and investors are still digesting the declines
A short comment from Goldman Sachs TMT trading desk:
1/ Long only hurriedly reduced positions;
2/ No one is buying anymore! Although some bulls have made a lot of "verbal defenses," their actions tell a different story; no one dares to catch this falling knife;
3/ The usual 2x NVIDIA + options have exacerbated this effect;
4/ When hardware rotates to software, Apple benefits (it had also dropped significantly before, now it has become a safe haven); the "East rises, West falls" scenario has not actually occurred, and the idea that AI funds are rushing out to Chinese assets is merely wishful thinking for now;
5/ How is the sentiment? Many people are digesting + are shocked by this drop. (180K)
