Technical buying could spur significant rally for U.S. stocks -JPM
03 Oct Technical buying could spur significant rally for U.S. stocks -JPM
Posted at 16:42h
in
News
by KMFSLLP
There is more behind the recent
slide in U.S. stocks than weak data, according to JPMorgan
Chase’s head of quantitative and derivatives research, who says
options hedging and technical selling contributed to the
gyrations and could help the market reverse course and rally.
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