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Goldman Sachs predicts a significant stock market rally this summer, driven by a 'wall of money' and favorable seasonality. The first half of July is expected to be particularly strong for the S&P 500, marking the best two-week period since 1928. Goldman Sachs' Sentiment Indicator also continues to show positive momentum, with the rally expected to extend through early summer. The market has reached new all-time highs.
Goldman's Sentiment Indicator continues to run hot https://t.co/um4jPPE34v
So on the last day of May (yes, last week) when the $SPX and $NDX glitched DOWN ON THE QUARTER (yes, below the March 2024 close) this "wall of money" bullish brilliance from $GS was not known and just had to be put out at the new all time highs now printing. Pump at ATHighs. https://t.co/bFw1xrQYlk https://t.co/JVaoHc5K9E
Goldman Sachs sees a "wall of money" setting up a continuing stock market rally through the early summer https://t.co/rd87bQv8IR via @markets @NKniazhevich
