JPMorgan Says Quants to Sell $50 Billion of Stocks If Chart Test Fails
After fueling the big Wall Street rebound, trend-following quants now look poised to offload stocks if the S&P 500 falls below a key technical threshold, warns JPMorgan Chase & Co.’s trading desk.
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### Response: After fueling the big Wall Street rebound, trend-following quants now look poised to offload stocks if the S&P 500 falls below a key technical threshold, warns JPMorgan Chase & Co.’s trading desk.