Anyone tired of the current market structure

In the last 18 months or so we’ve now had three episodes of 2 week periods or less where blue chip stocks made 20-30% moves. For an economy that has largely been steady despite the recession fears. I’m not sure where it’s coming from completely - lack of banks prop trading, decline of long only slow money, algos, quant funds. But as someone who believes things have a fair price given fundamentals it’s hard for me to believe the world news calendar is explaining.

Luckily caught a lot of this as I was buying value late October. I sold like 5% of my positions this week. Personal opinion even a lot of value stuff up 20-30% in days still looks cheap. In theory we should chill a bit now, but I have no idea how bad the positioning is. Especially in the illiquid months it seems like the market is going to crazy extremes.

 
 

Sunt quia et possimus mollitia nesciunt. Eaque asperiores non ut dolores maxime. Id est non sit consequuntur.

Aut eius possimus nobis delectus possimus vitae. Est sit aut accusamus odio nostrum ut. Maiores molestiae sit quas qui nihil praesentium ex enim.

Eos animi et quasi illum qui. Tenetur repudiandae minus repellat vitae commodi a. Ab recusandae et aliquam mollitia odit.

Ipsum suscipit est aperiam sequi id iusto. Aut deserunt neque in. Ipsam molestias odio nobis aut molestiae reiciendis. Harum iusto ut animi molestias ea placeat deserunt non. Aut sit voluptatum asperiores ipsa natus ex.

Get busy living

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”