Citi: Tech Sector Poised for Further Gains on Shor…

From Financial Modeling Prep: 2025-05-14 02:50:00

Citigroup strategists predict U.S. tech stocks may rise further due to short sellers buying back shares. Nasdaq 100 and S&P 500 are in neutral territory, but Nasdaq shorts facing losses could drive index gains.

Risk flows into Nasdaq increased slightly before U.S.-China trade progress, but overall risk asset enthusiasm stayed low. Major U.S. benchmarks have above-average short interest, making them susceptible to quick reversals if sentiment changes.

European ETF flows show resilience, especially in DAX and Euro Stoxx, but overall positioning remains neutral. European banking funds still have bullish bias. Short covering in tech names and ETFs can be tracked in real-time using the Market Most Active API for potential rally leaders.



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