The recent stock market selloff was just the start of a deeper correction as these 'red flags' loom, JPMorgan's top equity strategist warns

Fortune— “Market concentration has been very high, and positioning extended, which are typically red flags, at risk of a reversal.”

Bitcoin News—JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets – Markets and Prices Bitcoin News. JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold. Insights on Market Trends by JPMorgan JPMorgan, a global investment bank, has provided insights on […]

Bitcoinist.com—JPMorgan Waves Crypto Red Flag: Urges Caution As Market Teeters on Edge. In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain. Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant advises a cautious approach in the short term. This conservative stance stems from “diminishing retail interest” and a “scarcity of positive market catalysts.” Related Reading: Crypto Witch-Hunt: Experts Criticize DOJ For […]

BNN Bloomberg—Stock market news: U.S. stock rally wavers as bonds struggle before GDP. Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.