On a day when previous Wall Street wunderkind, Morgan Stanley, is plunging the most given that the covid collapse, and pipes the most affordable level in 3 years …
… monetary stocks are having a really bad day as the marketplace’s attention turns significantly from the sterling money-center giants to the almost insolvent smaller sized and local banks. And, with everybody rushing for color to understand today’s puke, Goldman financials trader Sarah Cha composes (complete note readily available to professional subs) that from a single stock viewpoint, this is how Goldman’s trading desk believes stocks ought to trade today from finest to worst based upon financier feedback on the desk: NDAQ > > STT > > TRV > > USB > > MTB > > CFG > > ALLY > > MS > > IBKR (desk views just)
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