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Stock impact report

Hedge Funds Sell Off Winning Energy Stocks to Buy Soaring Oil [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding What If Fed Rate Hikes Are Actually Sparking US Economic Boom? China Tells Iran Cooperation Will Last After Attack on Israel Powell Signals Rate-Cut Delay After Run of Inflation Surprises Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Hedge funds have been selling US energy stocks for three straight weeks, according to prime brokerage data from Goldman Sachs Group Inc. The net allocation to energy also is well below historical levels, with energy now making up just 2.2% of overall US net exposure on Goldman's prime brokerage book. And the sector's long-short ratio has fallen to a five-year low. Meanwhile, Brent crude is back around $90 a barrel, and the volume of bullish Brent options just surged past the record set in 2019. Traders are betting on further increases in oil prices after Israel vowed to respond to Iran's weekend missile and drone attack. “We are se Show less Read more
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