Just 10% trading regular stock picking

[marcoPolo21]

[nteresting article]

"While fundamental narratives explaining the price action abound, the majority of
equity investors today don't buy or sell stocks based on stock specific fundamentals,"
Marko Kolanovic, global head of quantitative and derivatives research at JPMorgan,
said in a Tuesday note to clients.

Kolanovic estimates "fundamental discretionary traders" account for only
about 10 percent of trading volume in stocks. Passive and quantitative investing accounts
for about 60 percent, more than double the share a decade ago, he said.


http://www.cnbc.com/2017/06/13/deat...regular-stock-picking-jpmorgan-estimates.html

marc

 

[traider]

Does the study account for the rise of HFT trading seesaw which accounts for all trading volume nowadays?

 

[Javier]

[nteresting article]

"While fundamental narratives explaining the price action abound, the majority of
equity investors today don't buy or sell stocks based on stock specific fundamentals,"
Marko Kolanovic, global head of quantitative and derivatives research at JPMorgan,
said in a Tuesday note to clients.

Kolanovic estimates "fundamental discretionary traders" account for only
about 10 percent of trading volume in stocks. Passive and quantitative investing accounts
for about 60 percent, more than double the share a decade ago, he said.


http://www.cnbc.com/2017/06/13/deat...regular-stock-picking-jpmorgan-estimates.html

marc

I have to disagree. I know a ton of investors that react to company news.

 

[tommcginnis]

I have to disagree. I know a ton of investors that react to company news.

A ton. That's like 10 guys.

 

[murray t turtle]

I have to disagree. I know a ton of investors that react to company news.

%%
Agree Javier;
especially if earnings are considered fundamental news + last time i looked they are. But after reading article, its not really clear exactly what he meant by 10%.......Elephant$ always leave tracks...............................................................................................