JPMorgan Chase: If Trump's upcoming announcement can move the market higher, investors should be bullish

US President Donald Trump has already foretold a "biggest ever" announcement, with JPMorgan Chase telling investors to be bullish if it sends markets higher. On Tuesday, during a meeting with Canadian Prime Minister Mark Carney in the Oval Office, Trump revealed that he planned to make a "very, very big announcement" ahead of a trip to the Middle East next week. Responding to Trump's statement that he would make the announcement "before his departure on Thursday, Friday or Monday", JPMorgan said investors should make a long call to get ahead of the announcement, especially the call options on the S & P 500 index. Bram Kaplan, head of Americas equity derivatives strategy at JPMorgan Chase, wrote in a note: "Given the other major catalysts in the coming week, the potential for re-leveraging of systemic strategies to strengthen the upside movement, and the normalization of short-term implied volatility levels over the past few weeks, it is worth hedging short-term upside risks. (Golden Ten)