Equity markets have acted oddly of late, rebounding then falling in August and September, then falling last week and yesterday rebounding again, observed Tony Pasquarillo of Goldman Sachs, as the optimist considered what is concerning him from here to year end. Recent market behavior “hard to make sense of” but buy the dips amid volatility Recent stock market activity is “hard to make sense of,” Pasquarillo wrote in a note to clients. The August / September period was “brutal,” what gave way to a sharper than expected rebound in October. Then last week nearly half of those gains were erased…
Goldman Sachs Report Recommends Buying Volatility Dips In Difficult Market
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.