J.P. Morgan's Jason Hunter warns of autumn S&P 500 weakness, citing AI stock divergence that mirrors the 1999 to 2000 tech crash alongside rising Treasury yields.
BMY yields nearly 4% with JPMorgan's recently raised $73 target, while GEV carries a $1,330 target as the firm's top electrification conviction pick.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Walmart didn't make the cut. Grab the names FREE today.
Each year, September rolls around, and it tends to be the worst month for stocks. Historical data show that September is the worst-performing month for the stock market. Since 1928, the S&P 500 has averaged a negative return of about 0.7% to 1% in September, making it the weakest month of the year. Institutional investors and large funds often sell off stocks near the end of the third quarter to lock in gains or adjust ****** et allocations. Some fund managers take advantage of improved liquidity after the summer months to tax-harvest portfolios by selling losers. In addition, traders return from vacations to reevaluate portfolios and often move to more defensive risk-off strategies.
The technical team at J.P. Morgan sees a storm brewing and published reports had this to say:
#often
BMY yields nearly 4% with JPMorgan's recently raised $73 target, while GEV carries a $1,330 target as the firm's top electrification conviction pick.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Walmart didn't make the cut. Grab the names FREE today.
Each year, September rolls around, and it tends to be the worst month for stocks. Historical data show that September is the worst-performing month for the stock market. Since 1928, the S&P 500 has averaged a negative return of about 0.7% to 1% in September, making it the weakest month of the year. Institutional investors and large funds often sell off stocks near the end of the third quarter to lock in gains or adjust ****** et allocations. Some fund managers take advantage of improved liquidity after the summer months to tax-harvest portfolios by selling losers. In addition, traders return from vacations to reevaluate portfolios and often move to more defensive risk-off strategies.
The technical team at J.P. Morgan sees a storm brewing and published reports had this to say:
#often
7 days ago
