Deep recommendation HALO trading for less than a month, Goldman Sachs suggests shorting some "HALO concept stocks" that have risen too much.
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Goldman Sachs completed a rare strategic U-turn in less than a month—from actively promoting the HALO concept to investors, to proactively shorting its “overheated” constituents—reflecting concerns about crowded trades in heavy assets.
On Tuesday, Faris Mourad, head of Goldman’s thematic trading team, introduced a short basket GSXUHALT