Here Comes The Red Cavalry——Goldman Says Back-Up The Trucks, Again!
Wee! This is becoming a weird form of time travel. Twenty-five trading days ago the S&P 500 was just 0.1% below its all-time high of 2131 recorded on May 21. Since then we have traveled backwards about 415 days! That’s right. Yesterday’s 1893 close was down 11.2% from the all-time high, and marked the chart point first crossed way back on May 22, 2014. ^SPX data […]