Citi strategists say traders are piling up short bets on stocks

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In a “markedly more bearish” swing last week, traders added nearly US$3 billion of new shorts to S&P 500 futures positioning and pulled a net US$5.1 billion from , the team led by Chris Montagu said. In Europe, wagers on a decline in the Euro Stoxx 50 tripled, albeit from a low base, they said.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.

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