Investors Slow Bearish Bets on US Stocks, But Remain Cautious
- Investors are slowing their bearish bets on US stock futures, per Citigroup strategists
- Short positioning remains moderately bearish in S&P 500 and Nasdaq 100 futures
- Pace of bearish flows has slowed significantly, unclear if selloff has bottomed
- Shorts still moderately in profit, little pressure to change positioning
- Data as of Oct 6 before Israel-Hamas conflict added volatility
