● Buy GS on the dip. When you shop for clothes on sale, you buy Ralph Lauren. Same with financial stocks. If S&P target is 1200 by end of the year, financial should outperform the market. So, buy the best in the breed and it is stock picking market.
○ why financial should and which one shouldn't?
● Just a couple of months ago, nobody wanted 'buy and hold', now the tune here looks changed :-)