WSJ story says trend-following algos have sold
Trend-following investment strategies-a computer-based way of trading that has become a major force in some markets-have gone from bullish to bearish to a degree not seen in a decade, according to AlphaSimplex Group.
The WSJ writes about how algos are an increasingly big part of investment decisions and that they’re still uniformly bearish.
I’m skeptical of this kind of thing, because how is AlphaSimplex Group supposed to know what the algos at Renaissance or Bridgewater are doing? At best, they’re guessing.