TSX:HSE.PR.B - Post by User
Comment by
dinkdestroyeron Jul 26, 2019 1:59pm
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Post# 29964889
RE:This is not normal
RE:This is not normalIt's called Algorithm long/short and Energy is in the short side, among others. Big trade on, short energy/cyclicals/value....Long Low Volatility stocks/Momentum. Probably getting long in the tooth but it could run aother week or so. This time is especially vicious in with a large number of hedge funds and institutions piling into the same tarde. When they reverse out, it could be quite sharp. Always scary to watch thisplay out, especially when you are on the oppsoing side. I think the days follwing the upcoming Federal Reserve meeting could be an inflexion point, but that's only my guess.