'Something will give' in U.S. stock market amid 'discomforting sentiment signals,' Citi warns

MarketWatch2021-08-20

'The Street is too complacent,' say Citi analysts Citi analysts 'discern some clouds on the horizon,' warning that the bank's panic/euphoria model signals losses are coming for stocks. A U.S. stock-...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Bodoh
2021-08-20
Bodoh
Applaud Citi for its prudence n caution
DragonKC
2021-08-20
DragonKC
So many conflicting reports about markets future directions. The bottom-line take time to analyze n focus on your own stocks investment, what actions to take to hold , sell to cut loss , buy the dip or reinvest. Happy investing.
- MickeyLiew:
  agree
Kel9670ong
2021-08-20
Kel9670ong
Correction is inevitable but 41% of American wealth in stock market is simply to big to fail
tkj
2021-08-20
tkj
This one says stock market correction coming, Cathie says no and don't worry.....who to believe?
- SafetyFirst:
  comment
bernardtayet
2021-08-20
bernardtayet
Roller-coaster expected on stocks
FrickL
2021-08-20
FrickL
It’s going to be a steep dive… ?

Leave a comment

179

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2160884793?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-20 11:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2160884793","market":"us","top_or_hot":-1,"title":"'Something will give' in U.S. stock market amid 'discomforting sentiment signals,' Citi warns","media":"MarketWatch","content":"<div>\n<p>'The Street is too complacent,' say Citi analysts\nCiti analysts 'discern some clouds on the horizon,' warning that the bank's panic/euphoria model signals losses are coming for stocks.\nA U.S. stock-...</p>\n\n<a href=\"https://www.marketwatch.com/story/something-will-give-in-u-s-stock-market-amid-discomforting-sentiment-signals-citi-warns-11629393465?mod=home-page\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Something will give' in U.S. stock market amid 'discomforting sentiment signals,' Citi warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Something will give' in U.S. stock market amid 'discomforting sentiment signals,' Citi warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/something-will-give-in-u-s-stock-market-amid-discomforting-sentiment-signals-citi-warns-11629393465?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'The Street is too complacent,' say Citi analysts\nCiti analysts 'discern some clouds on the horizon,' warning that the bank's panic/euphoria model signals losses are coming for stocks.\nA U.S. stock-...</p>\n\n<a href=\"https://www.marketwatch.com/story/something-will-give-in-u-s-stock-market-amid-discomforting-sentiment-signals-citi-warns-11629393465?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.marketwatch.com/story/something-will-give-in-u-s-stock-market-amid-discomforting-sentiment-signals-citi-warns-11629393465?mod=home-page","article_id":"2160884793","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2160884793","pubTimestamp":1629429639,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"'The Street is too complacent,' say Citi analysts\nCiti analysts 'discern some clouds on the horizon,","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"translate_title":"花旗警告说，在“令人不安的情绪信号”下，美国股市将出现一些情况","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"'The Street is too complacent,' say Citi analysts\nCiti analysts 'discern some clouds on the horizon,' warning that the bank's panic/euphoria model signals losses are coming for stocks.\nA U.S. stock-market pullback of 10% \"seems quite reasonable\" and any catalyst for weakness should be closely watched as valuations are no longer attractive amid a long stretch of \"discomforting sentiment signals,\" according to Citigroup analysts.\n\"Our panic/euphoria model remains very elevated and is warning of coming losses,\" the analysts said in a Citi research note after markets closed Wednesday. \"This is the longest period of ebullient readings without a market correction since 1999/2000 and we anticipate that something will give.\"\nCITI RESEARCH NOTE ON U.S. STRATEGY\nThe U.S. stock market has seen an unusual number of new all-time highs this year.\n\"The Street is too complacent,\" the Citi analysts warned. \"Intriguingly, we find our conversations with clients to have a qualitative element of not worrying about higher taxes,\" or the Federal Reserve tapering its bond purchases, or inflation -- despite a June survey finding that more than half thought inflation could prove \"sticky\" in lasting as long as 12 months.\nIn a note this week, Darrell Cronk, chief investment officer of Wells Fargo & Co.'s wealth and investment management division, put inflation at the top of his list of 10 market risks while noting the S&P 500 index has soared in the pandemic without a pullback of at least 5% since last October.\nU.S. stocks were mixed on Thursday. Major benchmarks had closed lower the day before as investors reacted in part to the release Wednesday afternoon of the Fed's policy meeting minutes, which showed most of its top officials considered it appropriate to begin slowing its pace of monthly bond purchases later this year.\nBut some Wall Street analysts already had been anticipating that tapering could begin as soon as this year , and Cronk said in his note that \"it is time to begin removing emergency monetary policy.\"\nThe S&P 500 index rose 0.1% on Thursday, while the Dow Jones Industrial Average fell nearly 0.2% and the Nasdaq Composite rose 0.1%.\nCiti's \"panic/euphoria model\" has signaled \"overly bullish investors\" for many months, the bank's analysts said. \"A pullback may be imminent especially as earnings growth slows.\"\nCompanies' earnings reports for the second quarter have largely been strong , with many investors pointing to the results as an example of peak growth in the economic rebound from the Covid-19 crisis of 2020.\nMeanwhile, Goldman Sachs Group economists have lowered their forecast for third-quarter U.S. growth to 5.5% from 9%, citing the larger-than-expected impact of the delta variant of the coronavirus on the economic expansion and inflation.\nCiti's economic surprise index has \"slumped\" for major economies, according to the bank's research report. \"The delta variant may be the cause of the recent declines alongside supply chain disruptions, but it is bothersome and could translate into earnings issues down the line,\" the Citi analysts wrote in the note.\n\"We can discern some clouds on the horizon,\" they said.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":836959551,"gmtCreate":1629449066673,"gmtModify":1676530044838,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Applaud Citi for its prudence n caution","listText":"Applaud Citi for its prudence n caution","text":"Applaud Citi for its prudence n caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836959551","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":836935609,"gmtCreate":1629445791201,"gmtModify":1676530043658,"author":{"id":"3577178099298017","authorId":"3577178099298017","name":"DragonKC","avatar":"https://static.tigerbbs.com/f90c63c67a4e5f91e9dc0159f5b853ab","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"So many conflicting reports about markets future directions. The bottom-line take time to analyze&nbsp;n&nbsp;focus on your own stocks investment,&nbsp; what actions to take to hold ,&nbsp;sell to cut loss ,&nbsp;buy the dip or reinvest. Happy investing.&nbsp;","listText":"So many conflicting reports about markets future directions. The bottom-line take time to analyze&nbsp;n&nbsp;focus on your own stocks investment,&nbsp; what actions to take to hold ,&nbsp;sell to cut loss ,&nbsp;buy the dip or reinvest. Happy investing.&nbsp;","text":"So many conflicting reports about markets future directions. The bottom-line take time to analyze n focus on your own stocks investment, what actions to take to hold , sell to cut loss , buy the dip or reinvest. Happy investing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836935609","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5593454,"gmtCreate":1629473354222,"gmtModify":1663232674244,"authorId":3571792373977202,"author":{"id":3571792373977202,"authorId":3571792373977202,"name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836935609,"type":1,"supId":0,"prevId":0,"content":"agree","text":"agree","html":"agree"}],"langContent":"EN"},{"id":836933831,"gmtCreate":1629445297023,"gmtModify":1676530043449,"author":{"id":"3578468158955348","authorId":"3578468158955348","name":"Kel9670ong","avatar":"https://static.tigerbbs.com/bd86c42e207fbd94e7f8877a29457d71","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Correction is inevitable but 41% of American wealth in stock market is simply to big to fail","listText":"Correction is inevitable but 41% of American wealth in stock market is simply to big to fail","text":"Correction is inevitable but 41% of American wealth in stock market is simply to big to fail","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836933831","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":836062178,"gmtCreate":1629439032894,"gmtModify":1676530041667,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"This one says stock market&nbsp; correction coming, Cathie says no and don't worry.....who to believe?","listText":"This one says stock market&nbsp; correction coming, Cathie says no and don't worry.....who to believe?","text":"This one says stock market correction coming, Cathie says no and don't worry.....who to believe?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836062178","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5605526,"gmtCreate":1629603384818,"gmtModify":1663232723861,"authorId":3570965583958757,"author":{"id":3570965583958757,"authorId":3570965583958757,"name":"SafetyFirst","avatar":"https://static.tigerbbs.com/a6356c1a4c82b1755621f3b2631a6784","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836062178,"type":1,"supId":0,"prevId":0,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>"}],"langContent":"EN"},{"id":836018096,"gmtCreate":1629436726415,"gmtModify":1676530041092,"author":{"id":"3583377018896117","authorId":"3583377018896117","name":"bernardtayet","avatar":"https://static.tigerbbs.com/43e8c1fc37a4bff2a94af98953cff267","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Roller-coaster expected on stocks&nbsp;","listText":"Roller-coaster expected on stocks&nbsp;","text":"Roller-coaster expected on stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836018096","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":836019716,"gmtCreate":1629436571735,"gmtModify":1676530041022,"author":{"id":"3582151718585472","authorId":"3582151718585472","name":"FrickL","avatar":"https://community-static.tradeup.com/news/5ea265fa5b5f17bb783942b290d93a0d","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"It’s going to be a steep dive… ?","listText":"It’s going to be a steep dive… ?","text":"It’s going to be a steep dive… ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836019716","repostId":2160884793,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":179,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2160884793"}