According to JPMorgan's traders, the S&P 500 index still has room to climb further by the end of the year even after the strongest rally since the early days of the internet bubble. The derivatives analyst at the firm stated that the most favored options trading bets on the US stock benchmark hitting 6,200 to 6,300 points this month. Based on the closing level of around 6,032 points last Friday, this means it could rise another 3%-4% by the end of the year.
摩根大通交易团队预计标普500指数年底前能逼近6,300点
JPMorgan's trading team predicts the S&P 500 index can approach 6,300 points by the end of the year.
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