Goldman Sachs Report Recommends Buying Volatility Dips In Difficult Market

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 in one day, when the S&P 500 index rallied 50 handles...