JPMorgan Chase: bottom fishing US stocks at the right time, the technical wash may be over
2025-11-19 16:55:43
The longest losing streak in US stocks since August has created opportunities for bargain hunters, according to JPMorgan's trading desk. The S & P 500 index fell for four straight days, closing down 3.4 per cent on Tuesday as investors worried about the persistence of artificial intelligence concepts and the Federal Reserve's monetary policy path. Andrew Tyler, head of global market intelligence at JPMorgan, said the correction represented a "technical wash" in stocks and that the correction period may be over. "With nothing changed in fundamentals and our investment assumptions not relying on Fed easing, it is now possible to buy the dip," Tyler wrote in a note to clients on Wednesday.
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