Goldman Sachs trader: A pullback of about 5% is typical seasonal Fluctuation for year-end, and there is still room for pump before the end of the year.

GateUser-6433627c · 2025-11-09T08:59:29+00:00

Goldman Sachs believes that the recent pullback of about 5% in the US stock market is a typical year-end seasonal fluctuation and does not signify the end of the rise. Despite the pullback, there is still room for a pump before the end of the year, influenced by seasonal factors and Light Position, with the index having the potential to continue to rise.

GateUser-6433627c

2025-11-09 08:59:29

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On November 9, Goldman Sachs believed that the recent 5% pullback in the U.S. stock market is a typical year-end seasonal fluctuation during the AI cycle, and not an abnormal signal indicating the end of the rise. Goldman Sachs traders pointed out that despite the market experiencing a pullback, there is still upside potential before the end of the year. Under the combined effects of seasonal factors, the early stage of the AI investment cycle, and relatively light institutional positions, the index still has the potential to rise further. Shreeti Kapa, a trader in fixed income, forex, and commodities at Goldman Sachs, stated that a 5% fall at this time of year is a normal phenomenon in this cycle. Although the market has undergone a strong rebound since the low in April, overall it “has not been excessive.” (Zhitong Finance)

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