This analysis is particularly interesting when it redefines charts not as a predictive tool, but as a means of validating consensus: a study by JPMorgan shows that 90% of daily trading volume in the stock markets is now driven by quantitative and passive algorithms.
Incredible. Loved it. Immediate restack! I'm always sharing this exact same mindset, Ted Warrens book taught me how not to average down into losing bets and why I should hold a business when the trend going up over the long term. Technicals are not adverse to fundamentals, technicals SUPPORT fundamentals! And we are all better off combining the two :)
This analysis is particularly interesting when it redefines charts not as a predictive tool, but as a means of validating consensus: a study by JPMorgan shows that 90% of daily trading volume in the stock markets is now driven by quantitative and passive algorithms.
90% volume driven by quant trading algorithms is a lot more than I anticipated! Thanks for sharing :)
Incredible. Loved it. Immediate restack! I'm always sharing this exact same mindset, Ted Warrens book taught me how not to average down into losing bets and why I should hold a business when the trend going up over the long term. Technicals are not adverse to fundamentals, technicals SUPPORT fundamentals! And we are all better off combining the two :)
Absolutely agreed and thank you so much for the restack 🙌
Thank YOU for an excellent article! ☺️