Investor positioning in US technology stocks is so bullish that any sell-off could trigger a wider rout, according to Citigroup Inc. strategists.
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 amplify a turn in the market,” strategists led by Chris Montagu wrote in a note dated Feb. 5.
US stocks have rallied this year, with the S&P 500 hitting a record high for the first time since 2022, on optimism around a stronger-than-expected economy. Upbeat fourth-quarter earnings from tech mega-caps have also lifted sentiment.
Still, investors are turning more cautious after signals from policymakers that the Federal Reserve may not cut interest rates as early as March. JPMorgan Chase & Co. strategist Marko Kolanovic said on Monday he doesn’t expect monetary easing to begin until mid-year.
Bullish trends in S&P 500 futures stalled last week, although positioning remains net-long, Montagu said.
"QuantumRisk, by design, recognizes that these so-called “impossible” events actually happen, and it accounts for them in a way that advisors can see and plan for," Dr. Ron Piccinini told InvestmentNews.
Advisors who invest time and energy on vital projects for their practice could still be missing growth opportunities – unless they get serious about client-facing activities.
The policy research institution calculates thousands in tax cuts for Washington, Wyoming, and Massachusetts residents on average, with milder reductions for those dwelling in wealth hotspots.
Yieldstreet real estate funds turned out to be far riskier than some clients believed them to be, according to CNBC.
The race to 100 transactions ended a month early this year, with April standing out as the most active month on record for RIA dealmaking.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
