Marco Kolanovic: Recent Rally Was Short Covering From CTAs

There are powerful market trends that may be reversing, says a new report from JPMorgan’s head quantitative and derivatives strategist Marko Kolanovic.  In the Feb. 19 report, Marco Kolanovic says the recent stock market rally was in part due to short covering from CTAs, says there is a chance to avoid the “self-inflicted” recession but advises on taking a noncorrelated approach to investing as he weighs in on what is ailing the big banks, including the recent proposal to break them up.

Marco Kolanovic  – Did Jamie Dimon purchase at a real “bottom” or did...