Tag: Positioning

Citi Says US Tech Stocks Face Risk of Big Selloff on Positioning

(Bloomberg) — Investor positioning in US technology stocks is so bullish that any selloff could trigger a wider rout, according to Citigroup Inc. strategists. Most Read from Bloomberg Wagers on declines in tech-heavy Nasdaq 100 futures have been completely erased, leaving investors overwhelmingly expecting further gains. “The large consensus positioning is a risk that could […]