LONG GS: INFLATION/ FED HIKE CYCLE/ 6X PE/ -10% CORRECTION ZONE
Long GS @383
TP: 600+
SL: N/A
GS at -10% correction lvl. Only trading 6x 12ttm and forward earnings. fed hikes/ inflation/ increasing rates good for banks especially as GS ramps up retail exposure/ loans.
Also if u look at last 2 years GS has bounced off of the -10% lvl every time.
TP: 600+
SL: N/A
GS at -10% correction lvl. Only trading 6x 12ttm and forward earnings. fed hikes/ inflation/ increasing rates good for banks especially as GS ramps up retail exposure/ loans.
Also if u look at last 2 years GS has bounced off of the -10% lvl every time.
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