It’s October 2018, and Goldman Sachs Group Inc (NYSE: GS) just appointed David Solomon as CEO of the $130.8 billion company with $2.5 trillion of assets under management.
Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge.
Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five trading periods.
By Lucas Montero, Technical Analyst at Finanflix
HOLD!
Many times, we've heard about the virtues of "Buy and Hold" and how this strategy would result in great benefits. This can be a double-edged knife; therefore, I invite you to continue reading this report so that I can tell you about this strategy in detail.
Benzinga's Money Mitch had the opportunity to catch up with Navellier & Associates founder and Chief Investment Officer Louis Navellier on Benzinga’s Stock Market Movers today. Navellier, who is routinely on Bloomberg, Fox News and CNBC, was on to spea