JPMorgan: Clients Are "Increasingly Nervous", Fear "A Market Pullback In May Or June"

zerohedge2021-04-19

Much to the delight of bulls everywhere, the past month has been a relentless meltup in stocks, commodities, cryptos, and - paradoxically over the past week when we have been bombarded with stellar ...

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精彩评论

KTX
2021-04-19
KTX
Like and comment
Noob6
2021-04-19
Noob6
Be cautious
- 3a659396:
  Time to sell off!
- Yoongs:
  NOted
dandan_4896
2021-04-19
dandan_4896
I love u bb
- iSaac:
  Like and comment pls:)
db17dc
2021-04-19
db17dc
Nice
2e580ed5
2021-04-19
2e580ed5
Nice
greenpepper
2021-04-19
greenpepper
Opportunuty!!
- Yoongs:
  Hmm

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Offsetting the negative charts is the well-known fact that April is historically the strongest month for stocks, green 89% of the time over the past 10 years and 75% of the time over the past 20.\nAnother factor will be earnings season why by all counts will be stellar... but probably not stellar enough asabsolute perfectionis already priced in as recent bank earnings demonstrated.\nWhich may explain why in his Friday Market Intelligence note, JPMorgan's Andrew Tyler writes that while the \"bull case remains intact\" he warns to \"keep an eye\" on growing divergence in the sleep VIX relative to the spiky MOVE Index (which would imply a VIX in the mid-30s)...\n\n... as well as the CBOE’s put/call ratio...\n\n... as \"the combination seems to suggest an increasing nervousness among investors.\"\nAs Tyler adds, \"this dovetails with client conversations that, while expecting a robust earnings season, increasingly worry about potential market pullback in May/June\"and urges his readers to recall that last week none other than JPM's resident in house Marko Kolanovic recommended staying long risk but adding hedges.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":373098253,"gmtCreate":1618800292172,"gmtModify":1634290836516,"author":{"id":"3571482211918385","authorId":"3571482211918385","name":"KTX","avatar":"https://static.tigerbbs.com/f7d2d6c9788fbae7ed024ed5ba7c58e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571482211918385","authorIdStr":"3571482211918385"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and 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bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/379749789","repostId":1154027163,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4070195,"gmtCreate":1618798131340,"gmtModify":1635736436272,"authorId":3559556262240609,"author":{"id":3559556262240609,"idStr":"3559556262240609","authorId":3559556262240609,"name":"iSaac","avatar":"https://static.tigerbbs.com/dda49cbd870fdcc56a2dace4614d8ede","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379749789,"type":1,"supId":0,"prevId":0,"content":"Like and comment pls:)","text":"Like and comment pls:)","html":"Like and comment pls:)"}],"langContent":"EN"},{"id":379757805,"gmtCreate":1618797763707,"gmtModify":1634290863623,"author":{"id":"3579253238684353","authorId":"3579253238684353","name":"db17dc","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579253238684353","authorIdStr":"3579253238684353"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379757805","repostId":1154027163,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":379758926,"gmtCreate":1618797518965,"gmtModify":1634290867629,"author":{"id":"3581592789715713","authorId":"3581592789715713","name":"2e580ed5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581592789715713","authorIdStr":"3581592789715713"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379758926","repostId":1154027163,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":379722649,"gmtCreate":1618796830881,"gmtModify":1634290872374,"author":{"id":"3567808422493554","authorId":"3567808422493554","name":"greenpepper","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567808422493554","authorIdStr":"3567808422493554"},"htmlText":"Opportunuty!!","listText":"Opportunuty!!","text":"Opportunuty!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/379722649","repostId":1154027163,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4070494,"gmtCreate":1618800316469,"gmtModify":1635736412808,"authorId":3573282285722566,"author":{"id":3573282285722566,"idStr":"3573282285722566","authorId":3573282285722566,"name":"Yoongs","avatar":"https://static.tigerbbs.com/359041796fe61458080479cfd058165b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379722649,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":59,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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