Citigroup strategists warn that investor positioning in US technology stocks is extremely bullish, which could lead to a wider market rout if there is a selloff. Wagers on declines in tech-heavy $NDX futures have been completely erased. This comes as big tech earnings calls and updates from Google Bard and Apple Vision Pro are discussed in the latest podcast. Citibank strategists also caution that any selloff in the tech sector could trigger a market rout.
On our latest podcast: @CarolineHydeTV and @EdLudlow bring full earnings coverage with shares of Spotify and Palantir surging. Plus, Citibank strategists warn positioning in tech stocks is so bullish that any selloff in the sector could spark a market rout https://t.co/hmcOcooHWf
Citi Says US Tech Stocks Face Risk of Big Selloff Because of {Excessive} Bullish Positing 👀 https://t.co/w579DX2ttY
We cover some big topics on this week’s podcast, including the latest noteworthy updates from Google Bard, the Apple Vision Pro launch, big tech earnings calls (it was a good week to own Meta’s stock), and how to evaluate Generative AI platform costs. And we also delve into the…
(Bloomberg) - Investor positioning in US technology stocks is so bullish that any selloff could trigger a wider rout, according to Citigroup Inc. strategists. .. Wagers on declines in tech-heavy $NDX futures have been completely erased .. @business https://t.co/OlriW1Ti92
Investor positioning in US technology stocks is so bullish that any selloff could trigger a wider rout, according to Citigroup strategists https://t.co/fBOpIUKiBF