Goldman Sachs Beat Q2 - Time to Buy the Banks Rotation or a One-Off Pop?
Goldman Sachs reported a stronger-than-expected Q2 and the stock is trading near a new 52-week high. The beat highlights resilient trading and growing net interest income, and the market is rewarding banks as rate-sensitive earnings normalize. I present a clear swing trade: buy GS at market, target $1300 in ~45 trading days, stop at $1020. The trad…