$GS

The Friday sell-off created new opportunities for investors. The Vix spike of 39% was seen immediately after Brexit and other short term fear induced panics. Under the surface, relative strength has shifted to new areas -- take a look at attached. Financials should benefit from improving labor markets, greater IPO activity, and record high equity prices. We flagged $GS when we noted the former CEO of Bridgewater, now Congressman, was buying the name. It hit ATHs recently, and we own it as well. Note: If you like this relative strength chart, we'll add it to the Market Color tab on the app.