Twelve Trading Days Of Christmas: Goldman Flows Guru Explains When To Fade The Rally

We are entering the best seasonals of the year for US equities, says Goldman Sachs flow of funds guru, Scott Rubner, in his latest note to clients, adding that the bar for being bearish right now remains high with 12.5 days to trade.

The flow story has been the major driver in 2024. Below is a rundown of supply and demand.

Twelve Days of Flow-of-Funds: