February 11, 2026

Goldman Sachs warns of potential $80B sell-off by CTAs amid continued US stock volatility

Goldman Sachs warns of potential $80B sell-off by CTAs amid continued US stock volatility

Goldman Sachs has cautioned that US stocks may experience further declines this week, as trend-following funds known as CTAs are set to sell off sizable positions in the S&P 500. The bank forecasts potential sales of up to $33 billion this week, and as much as $80 billion over the next month if the index continues its downward trend. This insight aligns with ongoing elevated market volatility, as systematic strategies such as risk-parity and volatility-control funds also consider reducing exposure. Compounding the situation are weak seasonal trends and signs of fatigue among retail investors, which contribute to a turbulent market environment.

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