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Stock impact report

Stock Investors Are Hedging a Drop. Strategists See a Buy Signal [Yahoo! Finance Canada]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
months, and investors are paying up to protect against the possibility that the next big move is down. To a growing number of strategists, that pessimism is cause to expect the opposite. The change in mood among investors, particularly the retail crowd, arrives as the S&P 500 has churned below 7,000 for most of the year, defying predictions that a breakout is imminent. There are, of course, reasons for the stagnation. Artificial intelligence tools have led to big selloffs in a variety of sectors, trade policies remain opaque and geopolitical tensions are high. Most Read from Bloomberg The swirl of negative inputs prompted investors to pile into derivatives that pay out if the S&P 500 suffers a steep loss. Put-call skew, which measures the cost of buying downside protection compared to placing upside bets, jumped to a two-year high last week. Normalized two-month skew on the S&P 500 is now near the upper end of its five-year range. Generally, when sentiment moves so far in one Show less Read more
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