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交易員正大量做空歐美股市
uSMART盈立智投 02-28 20:27

花旗集團策略師表示,交易員正在大量做空美國和歐洲股市,他們對股市的情緒正變得更加悲觀。以Chris Montagu爲首的策略師表示,在上週“明顯更加看空”的波動中,交易員增加了近30億美元的標普500指數期貨空頭頭寸,同時從交易所交易基金(ETF)中淨撤資了51億美元。此外,歐洲斯託克50指數的空頭頭寸也增加了兩倍。

花旗策略師們表示,總體頭寸仍然“適度樂觀”,這表明,如果資金流入勢頭加快,押注市場低迷的頭寸可能會增加。他們表示,另一方面,目前的情況也可能表明,投資者“不相信近期的熊市轉向”。

Chris Montagu表示:“目前淨多頭倉位爲正,但已經減少,這表明市場人氣和信心正開始轉變。”“從我們的模型來看,我們無法判斷這是一個新趨勢的開始,還是僅此一次。”

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美國和歐洲股市在2023年初大幅上漲後,在上週都創下了今年以來的最大五日跌幅,原因是通脹頑固的跡象加劇了人們對各大央行堅持鷹派立場的擔憂。摩根士丹利知名空頭Michael Wilson以及其他市場策略師也警告稱,由於業績不佳和估值過高,3月份股市將面臨壓力;摩根大通策略師週一也表示,股市的風險回報仍然很低。

不過,匯豐銀行的策略師Max Kettner則表示,由於經濟增長有彈性,而且加息預期已被消化,他認爲股市緩解性上漲的可能性更大。不過,他同時建議進行股票對衝,包括較便宜的價值股或對利率不敏感的防禦類股。

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