No matter which way markets go, Goldman Sachs Group Inc. says some traders are modelled to sell stocks over the next week. The trend-following cohort are modelled to sell $10 billion in a rising market, and up to $42 billion if stocks decline, over the next week. On a longer time frame of one month, CTAs are likely to buy $42 billion in a rising market versus $226 billion to sell should markets start to trend lower again. Positioning is now considerably extended long and one-sided, rising a further $3.4 billion last week to roughly $25 billion. From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away!

Source: Mint January 24, 2024 03:51 UTC