Citigroup strategists said that, supported by the inflow of new venture capital, the Nasdaq 100 Index, which concentrates on technology stocks, continued to rise, and the US stock allocation level improved for the third week in a row. According to the research team led by David Zhou, the overall positions of the S&P 500, Nasdaq 100, and Russell 2000 are still bullish. “Bearish exposure in several major markets has declined, and the impact of the bears' squeeze effect is weakening.” The team believes that weak positions are concentrated in already profitable combinations of bulls, such as Russell 2000 and parts of the European market. Despite adverse factors at the geopolitical and policy levels, European stock markets continue to attract new inflows of venture capital. In the Asian market, the Korea Composite Index experienced large-scale short recovery, leaving market positions out of the extremely bearish range.

Citigroup strategists said that, supported by the inflow of new venture capital, the Nasdaq 100 Index, which concentrates on technology stocks, continued to rise, and the US stock allocation level improved for the third week in a row. According to the research team led by David Zhou, the overall positions of the S&P 500, Nasdaq 100, and Russell 2000 are still bullish. “Bearish exposure in several major markets has declined, and the impact of the bears' squeeze effect is weakening.” The team believes that weak positions are concentrated in already profitable combinations of bulls, such as Russell 2000 and parts of the European market. Despite adverse factors at the geopolitical and policy levels, European stock markets continue to attract new inflows of venture capital. In the Asian market, the Korea Composite Index experienced large-scale short recovery, leaving market positions out of the extremely bearish range.