Market correction more? Jpmorgan Chase, Bank of America and Morgan Stanley Details S&P 500 after 5,500,000,000,000 dollars.

Three of the largest banks in the United States reveal what they believe is the next for the S&P 500 after the stock market index witnessed a major sale of the start of the year.

Starting with Jpmorgan Chase, analysts at the largest American bank say they do not believe that tariff headlines are the catalyst behind the last market correction, Reports Fox’s work.

According to a team led by Nikolaos Baigretzoglu, 5.5 trillion dollars The S&P 500 correction is likely to be paid by two types of investment companies that equate their positions instead of invested anxiety about potential stagnation.

“In our minds, the most likely perpetrators are stock hedging boxes, especially two categories: the quantitative hedge funds and hedge funds in the TMT sector. “

The hedge funds usually use data and symbol to make investment decisions, while hedging funds in the TMT sector are mainly investing in companies related to technology, media and communications.

Jpmorgan says it is in the world of the possibility that the S&P 500 is close to a local bottom sculpture.

“And if the investment funds circulating in the United States (the traded boxes on the stock exchange) continue to see most of them are flows as they have so far, there is a good opportunity for most of the current stock market correction in the United States behind us.”

Meanwhile, Bank of America (Bofa) He says S&P 500 has more negative potential before printing the price floor.

“Signal Correction/Sign sign/price is not over; we say buy SPX at 5300 times Bofa FMS (Fund manager) Cash increases exceeding 4 %, HY (high yield) approach 400 basis points, speeding up out of the output arrows.”

As for Morgan Stanley, the financial services giant says that S&P 500 is now hovering in an area where tactical gatherings can ignite.

“We stand by our call from last week that 5500 must provide support for a trading crowd led by circles, low quality, and the most expensive growth shares that have been struck the most difficult and where the short base is the greatest.”

Late last year, all three banks expected the S& P 500 index to rise to greater altitudes this year. Bofa has seen the index climbing to 6666, while JPMorgan and Morgan Stanley said that the stock market could rise to 6500.

At the time of this report, the S&P 500 is trading at 5662 points.

Follow us xand Facebook and cable

Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox

Check the price procedure

Browse the daily Hodl Mix

& nbsp

Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

Created Image: Midjourney