Reported about 19 hours ago
Goldman Sachs analysts caution that a recent spike in speculative trading activity, indicated by their Speculative Trading Indicator reaching an all-time high (excluding past bubbles), raises the likelihood of a stock market pullback. Despite potential short-term gains, historical trends suggest that such speculative trading often leads to downturns over a two-year span. Investors are advised to be cautious as popular speculative stocks and a rise in call option volumes signal volatility in the market.
Source: YAHOO