Citi Strategists Downgrade US Equities, Upgrade Europe

Citi's reduction of US equities could negatively affect overall risk appetite and create pressure on C stock. Technical indicators are already weak: the price is below the SMA20 and SMA50, the RSI at 38.8 is near the oversold zone, and the MACD is below the signal line. The 24-hour change of -2.47% confirms the downward trend. However, since the news is not directly company-specific, the impact may be limited. In the short term, downward pressure may continue, but approaching oversold conditions could trigger reaction buying.

Citi's reduction of US equities is a short-term negative signal for high-beta technology stocks such as NVDA. The price has already fallen 10% in 24 hours and is trading below the SMA20/SMA50; the RSI at 36 is weak but has not yet entered oversold territory. The MACD is in negative territory and slightly above the signal line, suggesting that downward momentum may be slowing. The news alone may not trigger a sharp sell-off; however, combined with the weak technical picture, downward pressure could persist. Nevertheless, confidence is moderate as rebound buying may emerge.

Citi strategists' reduction of US equities is creating negative pressure on American technology companies such as AMD. A 24-hour decline of 8.9% and the price trading below the 20-day SMA technically signal a downtrend. The RSI at 45 is not in oversold territory, but the MACD is negative, supporting short-term selling pressure. The rally in European markets will have a limited direct impact on US equities. In the near term, the price is expected to make a correction toward the 20-day SMA.

Citi's reduction of US equities could signal a near-term weakening of risk appetite. Although AAPL has risen 3% in the last 24 hours, the price remains below the 20-day SMA and the RSI at 45 indicates weak momentum. The MACD is below the signal line, suggesting the uptrend is not sustainable. Since the news is not directly company-specific, its impact may be limited; therefore, the confidence level is moderate. In the short term, selling pressure and volatility can be expected.