SPDR S&P 500 ETF Trust (SPY) IV into Powell and Biden

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Bullish flows for S&P 500 continue, but Nasdaq net shorts grow claims Citi

February 7, 2023 8:01 AM EST

Citi analyst Chris Montagu told investors in a note Tuesday that bullish flows for S&P 500 futures continue, but momentum for the Nasdaq has reversed.

"Bullish flows for S&P 500 futures continue, with positioning and profits moderately rising," said Montagu. "However, momentum appears to have reversed for... More