JPM: “Use Any Bounces As Selling Opportunities”
by Tyler Durden
ZeroHedge.com
01/11/2016
“Our view is that the risk-reward for equities has worsened materially. Yes, stocks had a rough time most recently, and some of the tactical indicators, such as Bull-Bear at -16 which is at the bottom of its trading range, argue for a short-term respite. Clearly, equities are unlikely to keep falling in a straight line, with periodic rebounds likely. However, we believe that one should be using any bounces as selling opportunities.”
The Rest…HERE
