Markets are off to a quiet start today, with higher trading levels but still within the lower end of the session. The most actively sold pockets from last week are leading the charge, with high beta momo (GSPRHIMO) and HF VIP vs VIP Short (GSTHVIPP) showing significant gains. Our desk is 5% better to buy, with the largest buy skews in TMT and Industrials.
Overall activity levels are rated a 5/10, indicating a relatively subdued start to the day. However, with these high beta momo and HF VIP leads, there may be opportunities for growth in the market. It’s worth noting that last week saw some significant losses across the board, so any signs of recovery are likely to be met with caution.
In terms of individual stocks, GSXHHMOM is up 125bps, a notable gain considering the recent losing streak it was on. TMT and Industrials are seeing the largest buy skews, which could be an indication of investor interest in these sectors.
It’s important to keep in mind that market trends can shift quickly, and even with these leads, it’s crucial to stay vigilant and monitor developments closely. As always, it’s essential to do your own research and make informed decisions based on your own risk tolerance and investment goals.
Stay tuned for further updates throughout the day, and don’t hesitate to reach out if you have any questions or concerns!



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