得益于科技股提振和对美国资产的广泛偏好，标普500年内创下多个历史新高，今年以来已累计上涨逾27%，有望成为2021年以来表现最好的一年。Citi stated that with U.S. stocks hitting new highs for four consecutive weeks, investors' hold positions in s&p 500 futures are "completely one-sided," and those who stick to shorting are now surrendering. So far this year, the s&p 500 has risen more than 27%, setting multiple historical highs.
The s&p 500 continues to reach historic highs, and short sellers in the usa stock market are surrendering.
Recently, Citigroup strategist Chris Montagu's team stated in their latest research report that as the usa stock market has recorded new highs for four consecutive weeks, investor positions in s&p index futures have become completely one-sided, with those maintaining short positions giving up.
Thanks to the boost from technology stocks and a broad preference for usa assets, the s&p 500 has reached multiple historic highs this year, having risen over 27% so far, and is likely to become the best-performing year since 2021.
In contrast, the positioning of euro stoxx 50 index futures remains net bearish, with Citigroup indicating that 100% of european stock futures long positions are at a loss. France and Germany are not favored by investors due to political turmoil and economic weakness, respectively.
Although there is still data showing that some funds are flowing into german dax30 index futures and uk ftse100 index futures, Montagu believes this data is somewhat misleading:
"This data does not take into account the recent political news concerning France; for investors with light positions or who are bearish on european stocks, the political outlook in France is unlikely to rekindle their enthusiasm for european stocks."
