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Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a "Technical Rebound"

US software stocks have staged a sharp rebound recently, but $Goldman Sachs(GS)$ argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still...

Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a "Technical Rebound"

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":553891274023992,"tweetId":"553891274023992","gmtCreate":1776238369775,"gmtModify":1776238687493,"author":{"id":3581627849390359,"idStr":"3581627849390359","authorId":3581627849390359,"authorIdStr":"3581627849390359","name":"Mikeong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","htmlText":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","text":"Share your opinion about this news…","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/553891274023992","repostId":1124136431,"repostType":2,"repost":{"id":"1124136431","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1776220840,"share":"https://ttm.financial/m/news/1124136431?lang=en_US&edition=fundamental","pubTime":"2026-04-15 10:40","market":"us","language":"en","title":"Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1124136431","media":"Trading Random","summary":"US software stocks have staged a sharp rebound recently, but $Goldman Sachs(GS)$ argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still...","content":"<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received &#34;a high volume of inquiries regarding yesterday’s software rally.&#34; While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks &#34;had become extremely extreme last week.&#34;</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the &#34;Mythos&#34; technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called &#34;Mythos narrative.&#34;</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Has the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHas the US Software Sector Bottomed Out? Goldman Sachs: This Is Only a \"Technical Rebound\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-04-15 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">US software stocks have staged a sharp rebound recently, but <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.</p><p style=\"text-align: left;\">Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received &#34;a high volume of inquiries regarding yesterday’s software rally.&#34; While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.</p><p style=\"text-align: left;\">Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks &#34;had become extremely extreme last week.&#34;</p><p style=\"text-align: left;\">However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.</p><h2 style=\"text-align: left;\">Technical Rebound Sparked by Oversold Conditions</h2><p style=\"text-align: left;\">From a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5004eba661bc0453da0bb68ddcd10de7\" data-align=\"center\" tg-width=\"809\" tg-height=\"457\"/><span></span></p><p style=\"text-align: left;\">The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.</p><p style=\"text-align: left;\">Additionally, renewed market scrutiny of the &#34;Mythos&#34; technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called &#34;Mythos narrative.&#34;</p><h2 style=\"text-align: left;\">Extreme Short Positioning Fuels Short-Squeeze Dynamics</h2><p style=\"text-align: left;\">Goldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.</p><p style=\"text-align: left;\">Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.</p><p style=\"text-align: left;\">Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/748a219ad7ffac404fcad32ced20b1a6\" data-align=\"center\" tg-width=\"511\" tg-height=\"407\"/><span></span></p><h2 style=\"text-align: left;\">AI Pressures Valuations; Fundamental Concerns Persist</h2><p style=\"text-align: left;\">Beyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.</p><p style=\"text-align: left;\">The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.</p><p style=\"text-align: left;\">In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","VGT":"信息技术ETF-Vanguard","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4552":"Archegos爆仓风波概念","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","GS":"高盛","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","LU0251142724.SGD":"Fidelity America A-SGD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","RSI":"Rush Street Interactive, Inc.","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","AGIX":"通用人工智能 ETF-AGIX","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","BK4550":"红杉资本持仓","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","GSX":"Tradr 2X Long GS Daily ETF","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","AI":"C3.ai, Inc.","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4585":"ETF&股票定投概念","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IGV":"北美软件ETF-iShares","BK4127":"投资银行业与经纪业","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","BK4150":"赌场与赌博","LU0106831901.USD":"贝莱德世界金融基金A2","BK4516":"特朗普概念","AIPO":"Defiance AI and Power Infrastructure ETF","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4504":"桥水持仓","IGM":"iShares Expanded Tech Sector ETF","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","ARTY":"ISHARES FUTURE AI & TECH ETF","BK4588":"碎股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124136431","content_text":"US software stocks have staged a sharp rebound recently, but Goldman Sachs argues that this is merely a technical short squeeze following oversold conditions, with fundamental headwinds still intact.Over the past two trading sessions, the IGV Software ETF has rallied sharply from lows, lifting private credit-related stocks in tandem. Nelson Armbrust, a trader at Goldman Sachs, noted that he received \"a high volume of inquiries regarding yesterday’s software rally.\" While the Goldman Sachs Software Tracked Index (GSTMTSFT) rose 5.07% in a single day, it remains down roughly 25% year-to-date.Rich Privorotsky, head of Goldman Sachs Delta One, stated bluntly that the driver of this rebound is likely simple oversold mean reversion: the divergence of software stocks relative to hardware stocks \"had become extremely extreme last week.\"However, Goldman Sachs also warned that the AI-driven drag on long-term profit margins and returns across the software industry remains unaltered—a headwind to valuations that spans the broader market and is not unique to the software sector. At the same time, hedge fund positioning in software stocks is retesting historical lows, with short-selling pressure still dominating market structure.Technical Rebound Sparked by Oversold ConditionsFrom a technical perspective, the rebound carries some pattern-based support. Goldman Sachs pointed out that the software sector still trades 30% to 35% below its November 2021 peak, and historical patterns over the past two years show that the sector typically sees a short-term bounce whenever declines reach this range.The Relative Strength Index (RSI) of the Goldman Sachs Software Tracked Index shows the rebound emerged right at the edge of oversold territory. Nevertheless, the firm cautioned that the index fell into an even deeper oversold condition in early February this year, meaning the current technical signal carries limited predictive value.Additionally, renewed market scrutiny of the \"Mythos\" technological breakthrough has provided some support to rebound sentiment. Privorotsky noted that growing skepticism has emerged over whether Mythos is truly as disruptive as initially advertised, with some investors questioning the credibility of the so-called \"Mythos narrative.\"Extreme Short Positioning Fuels Short-Squeeze DynamicsGoldman Sachs’ core assessment is that this rally is essentially a short squeeze, rather than a trend reversal driven by improving fundamentals.Data from Goldman Sachs Prime Brokerage indicate software positioning is retesting historical lows. Last week, the US information technology sector witnessed its largest dollar-denominated net selling in more than five years, standing 2.9 standard deviations below the average—the second most extreme reading in the past year, only behind September 2024. The selloff was heavily skewed toward shorting, with a short-to-long selling ratio of 3.3 to 1.Within the sector, software accounted for roughly 60% of total net selling in IT, driven almost entirely by short positions. Software’s share of total US equity net exposure has plummeted from 7% at the start of the year to 1.4%, while the long-short ratio has dropped from 2.0 to 1.14—both hovering near historical lows last seen in late February.AI Pressures Valuations; Fundamental Concerns PersistBeyond technical factors, structural headwinds facing the software sector cannot be overlooked. Goldman Sachs highlighted intensifying debate over AI’s impact on terminal valuation multiples for software stocks: rapid AI evolution is clouding visibility into long-term profit margins and returns on capital for software firms, complicating valuation frameworks.The firm emphasized that this challenge is not confined to software but represents a market-wide valuation paradigm shift. As AI reshapes business models, investors face a widened range of uncertainty when forecasting future cash flows for software companies, pushing risk premiums higher.In sum, Goldman Sachs’ conclusion is unequivocal: this rebound is just another episode of forced short covering. Once there are insufficient remaining short positions to squeeze, the rally’s momentum will naturally fade.","news_type":1,"symbols_score_info":{"ARTY":0.51,"AGIX":0.51,"RSI":1,"IGV":0.51,"IGM":0.9,"VGT":0.9,"AI":0.51,"GS":1.5,"CHAT":0.51,"AIPO":0.51,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":51,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}