JPMorgan Says Investors Too Bearish, Doesn’t See Stock Selloff

Bloomberg2021-12-27

Strategists say market concentration doesn’t indicate peak U.S. rally may become broader in January, according to note There’s no reason to fear that the rally that catapulted U.S. stocks to ...

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精彩评论

robot1234
2021-12-28
robot1234
There’s no reason to fear that the rally that catapulted U.S. stocks to successive records this year will end anytime soon, according to JPMorgan Chase & Co. strategists. Nevertheless, I err on the safe side and adopt a defensive strategy.
- robot1234:
  Tks for sharing
- BecauseOfYou:
  Do they mean that U.S. stocks have no risk at present and actively participate in investment? I don't agree with this view.
- letgo09:
  In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.
- qingg123:
  We can't completely believe what JPMorgan Chase & Co. strategists said.
9448Huat
2021-12-27
9448Huat
Beware S & P 500 correction
Scarface
2021-12-27
Scarface
Mid 2022 cyber attack then crash
Rara08
2021-12-27
Rara08
Really?
- 45824b60:
  [smile]
Stripey
2021-12-27
Stripey
Tell they you this when they need you to line up on the buy queue
- BlueDaisy:
  Possible.

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In fact, more investors may soon join.\n“Conditions for a large selloff are not in place right now given already low investor positioning, record buybacks, limited systematic amplifiers, and positive January seasonals,” the strategists led by Dubravko Lakos-Bujas wrote in a note to clients. “Investor positioning is too bearish -- the market has taken the hawkish central bank and bearish omicron narratives too far.”\nWhile the S&P 500 climbed to yet another record high last week, the rally has been increasingly driven by a narrow group of mega-cap companies, which is reminiscent of the bubble in tech stocks at the turn of the century. With the economic rebound following the pandemic-induced slump now past its peak, some fund managers have warned that the next stage in the cycle is a correction, as central banks and governments wind down stimulus measures to tame surging inflation.\n\nFor JPMorgan strategists, however, the “extreme stock dispersion and record concentration within equities” is an indicator of an abundance of caution, not a looming selloff. 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Nevertheless, I err on the safe side and adopt a defensive strategy.&nbsp;","listText":"There’s no reason to fear that the rally that catapulted U.S. stocks to successive records this year will end anytime soon, according to JPMorgan Chase &amp; Co. strategists. Nevertheless, I err on the safe side and adopt a defensive strategy.&nbsp;","text":"There’s no reason to fear that the rally that catapulted U.S. stocks to successive records this year will end anytime soon, according to JPMorgan Chase & Co. strategists. Nevertheless, I err on the safe side and adopt a defensive strategy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/696109579","repostId":1169825066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7123793,"gmtCreate":1640653945011,"gmtModify":1640653945011,"authorId":3561596430587504,"author":{"id":3561596430587504,"idStr":"3561596430587504","authorId":3561596430587504,"name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696109579,"type":1,"supId":0,"prevId":0,"content":"Tks for sharing","text":"Tks for sharing","html":"Tks for sharing"},{"id":7123247,"gmtCreate":1640651322378,"gmtModify":1640651322378,"authorId":3479274781436276,"author":{"id":3479274781436276,"idStr":"3479274781436276","authorId":3479274781436276,"name":"BecauseOfYou","avatar":"https://static.laohu8.com/picture117","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696109579,"type":1,"supId":0,"prevId":0,"content":"Do they mean that U.S. stocks have no risk at present and actively participate in investment? I don't agree with this view.","text":"Do they mean that U.S. stocks have no risk at present and actively participate in investment? I don't agree with this view.","html":"Do they mean that U.S. stocks have no risk at present and actively participate in investment? I don't agree with this view."},{"id":7123242,"gmtCreate":1640651266494,"gmtModify":1640651266494,"authorId":3479274778362153,"author":{"id":3479274778362153,"idStr":"3479274778362153","authorId":3479274778362153,"name":"letgo09","avatar":"https://static.laohu8.com/picture110","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696109579,"type":1,"supId":0,"prevId":0,"content":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.","text":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.","html":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time."},{"id":7123239,"gmtCreate":1640651246473,"gmtModify":1640651246473,"authorId":3479274793181513,"author":{"id":3479274793181513,"idStr":"3479274793181513","authorId":3479274793181513,"name":"qingg123","avatar":"https://static.laohu8.com/picture140","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696109579,"type":1,"supId":0,"prevId":0,"content":"We can't completely believe what JPMorgan Chase &amp; Co. strategists said.","text":"We can't completely believe what JPMorgan Chase &amp; Co. strategists said.","html":"We can't completely believe what JPMorgan Chase &amp; Co. strategists said."}],"langContent":"CN"},{"id":696977634,"gmtCreate":1640612612860,"gmtModify":1640612613356,"author":{"id":"3578031300804164","authorId":"3578031300804164","name":"9448Huat","avatar":"https://static.tigerbbs.com/bc2263efe7491ac00986db5a83b7ce8c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578031300804164","authorIdStr":"3578031300804164"},"htmlText":"Beware S &amp; P 500 correction","listText":"Beware S &amp; P 500 correction","text":"Beware S & P 500 correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696977634","repostId":1169825066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":696975803,"gmtCreate":1640612282650,"gmtModify":1640612284842,"author":{"id":"3560993393373290","authorId":"3560993393373290","name":"Scarface","avatar":"https://static.tigerbbs.com/70fa3ee23f83dd6d0b963a0aec44bf01","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3560993393373290","authorIdStr":"3560993393373290"},"htmlText":"Mid 2022 cyber attack then crash&nbsp;","listText":"Mid 2022 cyber attack then crash&nbsp;","text":"Mid 2022 cyber attack then crash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696975803","repostId":1169825066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":696978416,"gmtCreate":1640611966443,"gmtModify":1640611970988,"author":{"id":"3579125484417577","authorId":"3579125484417577","name":"Rara08","avatar":"https://static.tigerbbs.com/ee915a47f3c554f599dce721c2397b4d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579125484417577","authorIdStr":"3579125484417577"},"htmlText":"Really?","listText":"Really?","text":"Really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696978416","repostId":1169825066,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7119740,"gmtCreate":1640612871851,"gmtModify":1640612871885,"authorId":3575787103165942,"author":{"id":3575787103165942,"idStr":"3575787103165942","authorId":3575787103165942,"name":"45824b60","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696978416,"type":1,"supId":0,"prevId":0,"content":"[smile]","text":"[smile]","html":"[smile]"}],"langContent":"CN"},{"id":696978300,"gmtCreate":1640611889610,"gmtModify":1640611889703,"author":{"id":"4096341081825100","authorId":"4096341081825100","name":"Stripey","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4096341081825100","authorIdStr":"4096341081825100"},"htmlText":"Tell they you this when they need you to line up on the buy queue","listText":"Tell they you this when they need you to line up on the buy queue","text":"Tell they you this when they need you to line up on the buy queue","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696978300","repostId":1169825066,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7120704,"gmtCreate":1640619463738,"gmtModify":1640619463784,"authorId":3582677971530678,"author":{"id":3582677971530678,"idStr":"3582677971530678","authorId":3582677971530678,"name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":696978300,"type":1,"supId":0,"prevId":0,"content":"Possible.","text":"Possible.","html":"Possible."}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":99,"commentSize":5,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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