Momentum traders forecasted to offload stocks: Goldman Sachs

Traders Predicted to Sell Stocks as Markets Face Uncertainty

Traders to Unload Stocks Based on Momentum Patterns

Goldman Sachs Group Inc. predicts that traders will be compelled to sell stocks over the next week, irrespective of market movements. Cullen Morgan, an equity derivatives and flows specialist at the bank, anticipates that commodity trading advisers (CTAs) – who ride the wave of asset price momentum through long and short bets in the futures market – will need to offload holdings worth $129 billion after accumulating substantial long positions.