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Quants Ready to Sell $50 Billion Worth of Stocks if the Charts Break

Quants Ready to Sell $50 Billion Worth of Stocks if the Charts Break

Following their role in propelling the recent Wall Street rally, trend-following quants now appear set to sell equities if the S&P 500 falls below a crucial technical threshold, according to JPMorgan Chase & Co.’s trading desk. If the benchmark index falls below its 200-day moving average, commodity trading advisors may be obliged to sell $50 […]

Auto Stocks With 70% Upside, 2 Seen By JP Morgan

Auto

There has been a lot of discussion about the adverse economic factors that have pounded the markets, auto stocks included, in 2022 – perhaps too much discussion. Yes, the S&P 500 is down nearly 21%, and the NASDAQ is down 35%, but investors can still find good deals. J.P. Morgan analyst Ryan Brinkman has been […]

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