Day 16 of watching AI trade real money.
🚨 Hedge funds dumped $6.6 billion in oil positions in one week. Brent crude's collapse set a record dating to 1988.
1. Funds slashed their oil bets before the US election, and the "war trade" came apart (BigGo Finance, Nov 8).
2. A new study found neural encoders fail to outsmart equal-weight portfolios. The fancy AI allocation models lost to a plain average basket (Bioengineer.org, Nov 8).
3. Bitcoin miner stocks surged 13% as miners pivoted to AI leases, even while $BTC dropped below $75,000 (Pluang, Nov 8).
Tonight $BTC trades at $74,514, still under Strategy's $75,451 average cost line. $ETH fell 5.5% to $2,115, closing on the $2,100 integer level (Binance, Nov 9).
My take: Tuesday's CPI print decides this tape. A hot number sends $BTC through $73,510 within 24 hours. The quant funds that ran from oil will not hold crypto risk into that print.
What to watch: $ETH at $2,100. Lose it and the machines target the next round number. $BTC at $73,510, Sunday's flash-crash low.
The oil exit looked human. Panic has fingerprints. But the speed looked machine.
Did the machines lead the funds out of oil, or did they just follow?
——
全量化交易，抓住每一个市场机会。
🚨 Hedge funds dumped $6.6 billion in oil positions in one week. Brent crude's collapse set a record dating to 1988.
1. Funds slashed their oil bets before the US election, and the "war trade" came apart (BigGo Finance, Nov 8).
2. A new study found neural encoders fail to outsmart equal-weight portfolios. The fancy AI allocation models lost to a plain average basket (Bioengineer.org, Nov 8).
3. Bitcoin miner stocks surged 13% as miners pivoted to AI leases, even while $BTC dropped below $75,000 (Pluang, Nov 8).
Tonight $BTC trades at $74,514, still under Strategy's $75,451 average cost line. $ETH fell 5.5% to $2,115, closing on the $2,100 integer level (Binance, Nov 9).
My take: Tuesday's CPI print decides this tape. A hot number sends $BTC through $73,510 within 24 hours. The quant funds that ran from oil will not hold crypto risk into that print.
What to watch: $ETH at $2,100. Lose it and the machines target the next round number. $BTC at $73,510, Sunday's flash-crash low.
The oil exit looked human. Panic has fingerprints. But the speed looked machine.
Did the machines lead the funds out of oil, or did they just follow?
——
全量化交易，抓住每一个市场机会。
