Market Overview

JP Morgan Makes A Case To Buy The Dip

Related JPM
10 Biggest Price Target Changes For Wednesday
Deutsche Bank On U.S. Big Banks: Boosted Estimates And Price Targets
Italy, More OPEC Talks, Broadcom, Finisar Lead Investing Action Plan (Investor's Business Daily)
Related SPY
Fed Rate Hike Chatter Grows Louder As Economic Data Point To Strong Momentum
Technical Alert: S&P 500 Index Futures Unchanged After Jobs Report
The Reflation Movement Grows Louder (Seeking Alpha)

In a Wednesday research note JP Morgan laid out the data making a case for buying the recent pullback. According to data from the report, in the past 35 years, the S&P 500 fell intra-year 14.2 percent on average while annual returns were positive for 27 of those 35 years.

The penalty for avoiding the market between January 3 1995 and December 31, 2014 would have been costly as 6 of the 10 days best days in that period occured within two week of the 10 worst days.  $10,000 fully-invested during this time period would have grew to $65,453.  If an investor missed the 10 best days during that period the $10,000 would have grown to $32,665.  

Timing really is everything.

Latest Ratings for JPM

Nov 2016Deutsche BankMaintainsBuy
Nov 2016BairdDowngradesOutperformNeutral
Oct 2016BuckinghamDowngradesBuyNeutral

View More Analyst Ratings for JPM
View the Latest Analyst Ratings

Posted-In: Analyst Color Analyst Ratings


Related Articles (SPY + JPM)

View Comments and Join the Discussion!