A “buy” signal for US stocks lights up, suggests the JP Morgan model 🤔🤔
(some excerpts)
A team led by Andrew Tyler, the person in charge of US market intelligence, revealed that the model handled by JPMorgan Chase's trading desk has reached a level that often suggests immediate stock prices.
It was pointed out in a report dated 24th that the TPM (US Tactical Positioning Monitor), which measures the allocation of US stocks by investors, has reached a level indicating that the S&P 500 stock price index is in an “attractive environment.”
It was pointed out in a report dated 24th that the TPM (US Tactical Positioning Monitor), which measures the allocation of US stocks by investors, has reached a level indicating that the S&P 500 stock price index is in an “attractive environment.”
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