From Investing.com: 2024-04-16 04:46:02

A weekly note from Citigroup warns of increased market pressure in US stocks due to a large volume of long positions already in the red. With $52 billion worth of long positions on the S&P 500, 88% are currently at a loss, posing a risk to the market.

While Europe’s Euro Stoxx 50 is seeing a gradual deterioration in positioning, China’s market sentiment remains bearish, with significant negative flows in A-shares. Despite strong exchange-traded fund inflows, existing long positions in China are incurring losses, indicating a potential intensification of bearish momentum in the future.



Read more at Investing.com: Extended positioning could amplify pullback in US stocks By Investing.com