Goldman Sachs traders warn: The sell-off in US stocks has not yet ended, and risks remain elevated as market volatility persists amid ongoing economic uncertainties and geopolitical tensions.

BlockBeats News, February 9 — Goldman Sachs Group’s trading division stated that the U.S. stock market rebounded last Friday, nearly recovering the brutal losses of the week, but this week it will face more selling pressure from trend-following algorithm funds. The S&P 500 has broken a short-term trigger point, prompting commodity trading advisors (CTAs) to sell stocks. Goldman Sachs expects that regardless of market direction, these systematic strategies that track market trends rather than fundamentals will remain net sellers over the next week.

Goldman Sachs said that if the stock market declines again, it could trigger approximately $33 billion in selling this week. If market pressure persists and the S&P 500 falls below 6,707 points, there could be up to $80 billion in systematic selling over the next month. Under stable market conditions, CTAs are expected to sell about $15.4 billion worth of U.S. stocks this week, and even if the stock market rises, these funds are still expected to sell about $8.7 billion. (Jin10)