Market Overview

JP Morgan Makes A Case To Buy The Dip

Share:
Related JPM
Marveling At Multi-Factor ETFs
Former Goldman Sachs CTO Joins The Board Of The Fintech Company That's Open-Sourcing Banks
K— Principal Fund, L.p. Buys Time Warner Inc, Kayne Anderson Acquisition Corp, Clayton ... (GuruFocus)
Related SPY
Baltic Intimidation Tactics: US Jet Buzzes Plane Carrying Russian Defense Minister; Russian Jet Intercepts US Spy Plane
Insurance Providers Cozy Up To ETFs
Dow Chemical Co Buys SPDR Select Sector Fund - Energy Select Sector, Sells SPDR S&P ... (GuruFocus)

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

DateFirmActionFromTo
Apr 2017GuggenheimUpgradesNeutralBuy
Jan 2017Keefe Bruyette & WoodsDowngradesOutperformMarket Perform
Jan 2017UBSInitiates Coverage OnBuy

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!