$GS getting absolutely wrecked lately. Down 25% from highs.
For context: Liberation Day saw it drop 35%, Covid was 45%.
So we're not at full panic mode yet, but we're getting close to historical "dead cat bounce" buy zones. If you're looking for a mean reversion play on a blue chip name, Goldman's starting to look interesting here.
Not saying catch the falling knife today, but worth watching if it taps another 5-10% lower. That's where the real bargain hunters usually step in.
For context: Liberation Day saw it drop 35%, Covid was 45%.
So we're not at full panic mode yet, but we're getting close to historical "dead cat bounce" buy zones. If you're looking for a mean reversion play on a blue chip name, Goldman's starting to look interesting here.
Not saying catch the falling knife today, but worth watching if it taps another 5-10% lower. That's where the real bargain hunters usually step in.