A -2.5% Nasdaq day might be coming soon, this analyst warns
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Citi's Montagu says Nasdaq short positions continue to build
October 3, 2023 6:15 AM EDTShort positions in Nasdaq futures continued to increase, albeit at a slower pace compared to recent weeks, according to Citigroup strategists led by Chris Montagu.
The strategists noted that an additional $3.9 billion in new short positions on Nasdaq futures were added, representing the most significant negative weekly change... More
