Home Forex Citi Never Sleeps – Stock Market (and Sentiment Results)…

Citi Never Sleeps – Stock Market (and Sentiment Results)…

by SuperiorInvest

On Tuesday, I joined MoneyShow’s “Virtual Accredited Investor Conference” to present “Turnaround Tom’s Top Picks and Outlook for 2024.” Thanks to Mike Larson, Debbie Osborne and Shelly Coyle for inviting me to:

There were many important slides in this presentation, but for my money, this is the most important one:

Conference Board Global Economic Outlook

Here were the 3 key points:

1) Being short and pessimistic, China has become very populous:

FMS Trade

FMS Trade

chinese economy

chinese economy

2) Feeling still pessimistic and skeptical, NOT euphoric:

Net % of FMS investors

Net % of FMS investors

Net % of FMS investors

Net % of FMS investors

3) The previous cases of lower short rates at this extreme level turned out to be correct:

Expectations for lower near-term rates hit record high

Expectations for lower near-term rates hit record high

Citi Never Sleeps (except for the last 15 years)! Is the giant awakening from her slumber?

C (monthly)

On 9/1/2023, when Citi was trading ~$41.50, I joined Charles Payne on Fox Business to talk about markets and some stocks:

While it has begun to move in recent months, we believe it could have significant upside in the coming years as the restructuring unfolds and capital markets reopen for deals, IPOs and financings:

Citi Group Inc.

As we begin Q4 earnings season, I’m trying to highlight the results of 1-2 companies per week that we’ve talked about in our weekly podcasts/videocasts. Today we will delve into the CITI results:

Citi Group Inc.

Paypal update

“We will shock the world on January 25” Alex Chriss:

Let’s now move on to the short-term view of the General Market:

In this week’s AAII sentiment survey result, the bullish percentage (video explanation) fell to 40.4% from 48.6% the previous week. The bearish percentage increased from 24.2% to 26.8%. Retail investors are cooling their planes a bit.

Historical sentiment survey data

Historical sentiment survey data
AAII Bulls

CNN’s “Fear and Greed” fell from 73 last week to 58 this week. By this metric, investors are neutral. You can learn how this indicator is calculated and how it works here: (Video Explanation)

Fear and Greed Index
UN - CNN Fear and Greed Index

UN – CNN Fear and Greed Index

The NAAIM (National Association of Active Investment Managers Index) (Video Explained) rose to 80.18% this week from 70.95% exposure to the stock last week.

NAAIM Exposure Index

This content was originally published on Hedgefundtips.com

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