Don’t blame the dummies, blame the machines.
If you are looking for the reason for a massive sell-off of tanker stocks last week amid record earnings reports, the real culprits might be algorithms and quantitative trading rather than “dumb” retail money, a leading analyst told TradeWinds.
Michael Webber of Webber Research & Advisory begged to differ with a take by analyst-investor J Mintzmyer of Value Investor’s Edge in a TradeWinds article on 8 May.
