Citigroup: "we would buy into any dip"

$Citigroup (C.US)$ Analysts at Citigroup also said that "we would buy into any dip," noting that its bearish checklist doesn't indicate significant red flags. "Valuations look stretched, but other factors (credit spreads, fund flows) are not yet especially extended," Citi writes, with 7.5 out of 18 red flags triggered in its measures of global markets while the U.S. is seeing 9.5 of 18.