Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards
Square
Latest
Hot
News
Profile

Goldman Sachs Partner: The sharp decline in U.S. stocks is a "healthy correction," and there aren't many opportunities to buy the dip this year.

金色财经_
robot
Abstract generation in progress
Golden Finance reports that on June 6th, the U.S. stock market plummeted sharply on Friday. Goldman Sachs partner and head of Americas Equity Execution Services John Flood straightforwardly stated that this is a good opportunity to buy on dips. Flood pointed out that the technical characteristics of this correction are more consistent with a healthy adjustment, mainly driven by profit-taking before the weekend and market expectations of increased new stock supply, which is a type of sell-off that has historically rewarded buyers.
He said that the recent market pullback looks more like a normal correction within a bull market rather than a trend reversal. Regarding the market's ongoing concerns about inflation pressures, Iran-related geopolitical risks, and hidden uncertainties in the private credit market, he believes that the market's ability to maintain these doubts indicates that investors have not fallen into excessive optimism. This cautious sentiment is usually seen as a sign of healthy market operation rather than a sign of confidence collapse.
Flood explicitly stated that the S&P 500 index has a clear path to reach 8,000 points this year. He said that there are not many opportunities to buy on dips this year, and historically, buying when the S&P 500 has retraced 2% has often been profitable, and this pattern is expected to continue.
SPYX0.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap