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Is the pullback in US stocks a signal to pick up money? JPMorgan is calling on you to boldly buy the dip!
U.S. stocks have been plummeting for several consecutive days, with the Nasdaq falling 1.9% in a single day, putting pressure on tech giants and causing widespread panic in the market. But wait! JPMorgan suddenly released a "reassuring pill": a pullback is a great opportunity to buy, and they urge to buy the dip decisively before the end of the year!
Since November, the US stock market has experienced increased volatility due to valuation disputes in tech stocks, with all three major indices closing lower, causing many investors to panic. However, major investment banks are turning bullish—JPMorgan's latest report bluntly states that the bull market pattern remains intact, and the S&P 500 index is set to surge to 7000 points in the short term, with an upside potential of 3%-4%!.
Where does the confidence come from? The fundamentals of the US economy are holding strong: the job market is stabilizing, and consumer resilience is robust; worries about recession are purely excessive anxiety. Additionally, with liquidity easing to support the market, the valuations of quality assets are returning to a reasonable range. In simple terms, the current volatility is not a precursor to a bear market, but rather a "buy the dip" opportunity for retail investors!
The market is always a coexistence of panic and opportunity, and the big players have already made their stance clear. Do you think JPMorgan's actions this time are a precise prediction or a reverse flag? Are they taking the opportunity to buy the dip or waiting on the sidelines? Share your trading plans in the comments! $BTC